Australia stocks lower at close of trade; S&P/ASX 200 down 9.70%

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 fell 9.70% to hit a new 3-years low.

The best performers of the session on the were Fisher & Paykel Healthcare Ltd (ASX:), which rose 4.20% or 1.01 points to trade at 25.06 at the close. Meanwhile, Telstra Corporation Ltd. (ASX:) added 1.81% or 0.060 points to end at 3.380 and Domino’S Pizza Enterprises Ltd (ASX:) was up 0.16% or 0.09 points to 55.45 in late trade.

The worst performers of the session were Star Entertainment Group Ltd (ASX:), which fell 23.57% or 0.62 points to trade at 2.01 at the close. Collins Foods Ltd (ASX:) declined 23.32% or 1.39 points to end at 4.57 and Webjet Ltd (ASX:) was down 22.02% or 1.22 points to 4.32.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 1084 to 187 and 221 ended unchanged.

Shares in Star Entertainment Group Ltd (ASX:) fell to all time lows; losing 23.57% or 0.62 to 2.01. Shares in Collins Foods Ltd (ASX:) fell to 3-years lows; falling 23.32% or 1.39 to 4.57. Shares in Webjet Ltd (ASX:) fell to 3-years lows; falling 22.02% or 1.22 to 4.32.

The , which measures the implied volatility of S&P/ASX 200 options, was unchanged 0.00% to 42.339 a new 5-year high.

Gold Futures for April delivery was up 1.89% or 28.70 to $1545.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 3.80% or 1.22 to hit $30.89 a barrel, while the May Brent oil contract fell 5.32% or 1.80 to trade at $32.05 a barrel.

AUD/USD was down 0.44% to 0.6155, while AUD/JPY fell 1.10% to 65.43.

The US Dollar Index Futures was down 0.72% at 98.190.

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