Australia stocks lower at close of trade; S&P/ASX 200 down 2.25%

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

At the close in Sydney, the declined 2.25%.

The best performers of the session on the were Saracen Mineral Holdings Ltd (ASX:), which rose 7.40% or 0.31 points to trade at 4.50 at the close. Meanwhile, Chorus Ltd (ASX:) added 5.59% or 0.34 points to end at 6.42 and Resolute Mining Ltd (ASX:) was up 5.49% or 0.065 points to 1.250 in late trade.

The worst performers of the session were Reliance Worldwide Corporation Ltd (ASX:), which fell 26.45% or 1.23 points to trade at 3.42 at the close. EML Payments Ltd (ASX:) declined 10.15% or 0.47 points to end at 4.16 and Pinnacle Investment Management Group Ltd (ASX:) was down 8.95% or 0.59 points to 6.00.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 1067 to 266 and 234 ended unchanged.

The , which measures the implied volatility of S&P/ASX 200 options, was up 26.24% to 15.996 a new 3-months high.

Gold Futures for April delivery was up 1.08% or 17.75 to $1666.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 2.29% or 1.22 to hit $52.16 a barrel, while the May Brent oil contract fell 2.43% or 1.41 to trade at $56.53 a barrel.

AUD/USD was down 0.46% to 0.6596, while AUD/JPY fell 0.47% to 73.59.

The US Dollar Index Futures was up 0.32% at 99.502.

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