Australia stocks lower at close of trade; S&P/ASX 200 down 3.06%

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At the close in Sydney, the S&P/ASX 200 declined 3.06% to hit a new 1-month low.

The best performers of the session on the S&P/ASX 200 were Skycity Entertainment Group Ltd (ASX:SKC), which rose 3.63% or 0.09 points to trade at 2.57 at the close. Meanwhile, Corporate Travel Managment Ltd (ASX:CTD) added 1.02% or 0.16 points to end at 15.90 and Star Entertainment Group Ltd (ASX:SGR) was up 0.99% or 0.03 points to 3.07 in late trade.

The worst performers of the session were Wisetech Global Ltd (ASX:WTC), which fell 7.28% or 2.16 points to trade at 27.53 at the close. Appen Ltd (ASX:APX) declined 7.08% or 2.47 points to end at 32.43 and Nextdc Ltd (ASX:NXT) was down 6.78% or 0.81 points to 11.14.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 1016 to 297 and 318 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 8.30% to 21.043.

Gold Futures for December delivery was up 0.19% or 3.60 to $1941.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.68% or 0.28 to hit $41.09 a barrel, while the November Brent oil contract fell 0.61% or 0.27 to trade at $43.80 a barrel.

AUD/USD was down 0.08% to 0.7266, while AUD/JPY fell 0.08% to 77.15.

The US Dollar Index Futures was up 0.11% at 92.838.