Australia stocks lower at close of trade; S&P/ASX 200 down 1.07%

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At the close in Sydney, the S&P/ASX 200 lost 1.07%.

The best performers of the session on the S&P/ASX 200 were CSR Ltd (ASX:CSR), which rose 9.76% or 0.330 points to trade at 3.710 at the close. Meanwhile, Resmed Inc DRC (ASX:RMD) added 5.58% or 1.380 points to end at 26.090 and G.U.D. Holdings Ltd (ASX:GUD) was up 3.95% or 0.36 points to 9.48 in late trade.

The worst performers of the session were Virgin Money UK PLC (ASX:VUK), which fell 9.35% or 0.14 points to trade at 1.41 at the close. Webjet Ltd (ASX:WEB) declined 7.43% or 0.26 points to end at 3.24 and Corporate Travel Managment Ltd (ASX:CTD) was down 7.40% or 0.92 points to 11.51.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 748 to 430 and 355 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 21.35% to 26.210.

Gold Futures for June delivery was up 0.26% or 4.40 to $1702.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.70% or 0.41 to hit $24.55 a barrel, while the July Brent oil contract rose 0.81% or 0.24 to trade at $29.87 a barrel.

AUD/USD was down 0.19% to 0.6475, while AUD/JPY fell 0.32% to 69.62.

The US Dollar Index Futures was down 0.04% at 100.233.