Australia stocks lower at close of trade; S&P/ASX 200 down 0.13%

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At the close in Sydney, the S&P/ASX 200 fell 0.13%.

The best performers of the session on the S&P/ASX 200 were Graincorp Ltd (ASX:GNC), which rose 12.34% or 0.89 points to trade at 8.10 at the close. Meanwhile, Flight Centre Ltd (ASX:FLT) added 7.80% or 1.37 points to end at 18.94 and Corporate Travel Managment Ltd (ASX:CTD) was up 7.00% or 1.44 points to 22.02 in late trade.

The worst performers of the session were Magellan Financial Group Ltd (ASX:MFG), which fell 11.24% or 2.08 points to trade at 16.43 at the close. Appen Ltd (ASX:APX) declined 5.81% or 0.55 points to end at 8.91 and Unibail Rodamco Westfield (ASX:URW) was down 5.25% or 0.28 points to 5.05.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 717 to 697 and 374 ended unchanged.

Shares in Magellan Financial Group Ltd (ASX:MFG) fell to 5-year lows; falling 11.24% or 2.08 to 16.43.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 5.65% to 15.520.

Gold Futures for April delivery was up 0.22% or 3.95 to $1811.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.73% or 0.67 to hit $91.64 a barrel, while the April Brent oil contract fell 0.25% or 0.23 to trade at $93.04 a barrel.

AUD/USD was up 0.30% to 0.7097, while AUD/JPY rose 0.36% to 81.81.

The US Dollar Index Futures was up 0.05% at 95.528.