Australia stocks lower at close of trade; S&P/ASX 200 down 0.68%

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At the close in Sydney, the S&P/ASX 200 fell 0.68%.

The best performers of the session on the S&P/ASX 200 were Mineral Resources Ltd (ASX:MIN), which rose 3.02% or 1.32 points to trade at 45.08 at the close. Meanwhile, Bank Of Queensland Ltd. (ASX:BOQ) added 2.69% or 0.24 points to end at 9.15 and Healius Ltd (ASX:HLS) was up 2.49% or 0.100 points to 4.120 in late trade.

The worst performers of the session were Challenger Ltd (ASX:CGF), which fell 15.76% or 1.040 points to trade at 5.560 at the close. Lynas Rare Earths Ltd (ASX:LYC) declined 8.31% or 0.530 points to end at 5.850 and Altium Ltd (ASX:ALU) was down 5.24% or 1.57 points to 28.41.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 837 to 517 and 367 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 6.96% to 12.482.

Gold Futures for June delivery was up 0.19% or 3.30 to $1773.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.25% or 0.79 to hit $64.22 a barrel, while the June Brent oil contract rose 1.27% or 0.85 to trade at $67.90 a barrel.

AUD/USD was up 0.75% to 0.7815, while AUD/JPY rose 0.91% to 84.65.

The US Dollar Index Futures was down 0.21% at 90.858.