Australia stocks lower at close of trade; S&P/ASX 200 down 7.36%

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

At the close in Sydney, the lost 7.36% to hit a new 3-years low.

The best performers of the session on the were Cimic Group Ltd (ASX:), which rose 2.17% or 0.43 points to trade at 20.21 at the close. Meanwhile, Pro Medicus Ltd (ASX:) added 1.26% or 0.21 points to end at 16.86 and Beach Energy Ltd (ASX:) was down 0.38% or 0.005 points to 1.320 in late trade.

The worst performers of the session were Pilbara Minerals Ltd (ASX:), which fell 20.00% or 0.040 points to trade at 0.160 at the close. Webjet Ltd (ASX:) declined 19.65% or 1.36 points to end at 5.56 and Flight Centre Ltd (ASX:) was down 18.22% or 4.37 points to 19.61.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 1313 to 100 and 194 ended unchanged.

Shares in Pilbara Minerals Ltd (ASX:) fell to 3-years lows; down 20.00% or 0.040 to 0.160. Shares in Webjet Ltd (ASX:) fell to 3-years lows; down 19.65% or 1.36 to 5.56. Shares in Beach Energy Ltd (ASX:) fell to 52-week lows; falling 0.38% or 0.005 to 1.320. Shares in Flight Centre Ltd (ASX:) fell to 5-year lows; falling 18.22% or 4.37 to 19.61.

The , which measures the implied volatility of S&P/ASX 200 options, was down 35.87% to 22.982.

Gold Futures for April delivery was down 0.36% or 5.90 to $1636.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 4.18% or 1.38 to hit $31.60 a barrel, while the May Brent oil contract fell 3.91% or 1.40 to trade at $34.39 a barrel.

AUD/USD was down 0.70% to 0.6439, while AUD/JPY fell 1.53% to 66.75.

The US Dollar Index Futures was down 0.10% at 96.392.

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