Australia stocks lower at close of trade; S&P/ASX 200 down 0.38%

Investing.com – Australia stocks were lower after the close on Friday, as losses in the , and sectors led shares lower.

At the close in Sydney, the declined 0.38%.

The best performers of the session on the were Gold Road Resources Ltd (ASX:), which rose 9.34% or 0.135 points to trade at 1.580 at the close. Meanwhile, Pinnacle Investment Management Group Ltd (ASX:) added 3.41% or 0.19 points to end at 5.76 and Northern Star Resources Ltd (ASX:) was up 3.22% or 0.420 points to 13.460 in late trade.

The worst performers of the session were Orocobre Ltd (ASX:), which fell 7.03% or 0.26 points to trade at 3.44 at the close. Cimic Group Ltd (ASX:) declined 4.87% or 1.46 points to end at 28.54 and Mayne Pharma Group Ltd (ASX:) was down 4.55% or 0.020 points to 0.420.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 674 to 510 and 327 ended unchanged.

Shares in Mayne Pharma Group Ltd (ASX:) fell to 5-year lows; down 4.55% or 0.020 to 0.420.

The , which measures the implied volatility of S&P/ASX 200 options, was up 1.21% to 13.560.

Gold Futures for April delivery was down 0.18% or 2.85 to $1567.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.43% or 0.22 to hit $51.17 a barrel, while the April Brent oil contract rose 0.62% or 0.34 to trade at $55.27 a barrel.

AUD/USD was down 0.14% to 0.6721, while AUD/JPY fell 0.17% to 73.89.

The US Dollar Index Futures was down 0.03% at 98.350.

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