Australia stocks lower at close of trade; S&P/ASX 200 down 0.71%

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At the close in Sydney, the S&P/ASX 200 lost 0.71%.

The best performers of the session on the S&P/ASX 200 were Mesoblast Ltd (ASX:MSB), which rose 11.28% or 0.380 points to trade at 3.750 at the close. Meanwhile, oOh!Media Ltd (ASX:OML) added 9.29% or 0.085 points to end at 1.000 and Credit Corp Group Ltd (ASX:CCP) was up 5.07% or 0.83 points to 17.20 in late trade.

The worst performers of the session were Adelaide Brighton Ltd (ASX:ABC), which fell 6.81% or 0.160 points to trade at 2.190 at the close. Bega Cheese Ltd (ASX:BGA) declined 6.43% or 0.32 points to end at 4.66 and Rea Group Ltd (ASX:REA) was down 3.51% or 3.89 points to 106.82.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 648 to 554 and 344 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.68% to 18.632.

Gold Futures for August delivery was down 0.28% or 4.95 to $1785.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August unchanged 0.00% or 0.00 to hit $40.65 a barrel, while the September Brent oil contract rose 1.05% or 0.45 to trade at $43.25 a barrel.

AUD/USD was up 0.58% to 0.6977, while AUD/JPY rose 0.72% to 75.10.

The US Dollar Index Futures was down 0.47% at 96.840.