Australia stocks lower at close of trade; S&P/ASX 200 down 0.82%

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At the close in Sydney, the S&P/ASX 200 fell 0.82% to hit a new 6-months low.

The best performers of the session on the S&P/ASX 200 were ARB Corporation Ltd (ASX:ARB), which rose 5.29% or 1.60 points to trade at 31.86 at the close. Meanwhile, Zip Co Ltd (ASX:ZIP) added 5.26% or 0.02 points to end at 0.30 and Resolute Mining Ltd (ASX:RSG) was up 4.23% or 0.02 points to 0.37 in late trade.

The worst performers of the session were Pilbara Minerals Ltd (ASX:PLS), which fell 7.25% or 0.28 points to trade at 3.58 at the close. Mineral Resources Ltd (ASX:MIN) declined 5.22% or 3.11 points to end at 56.44 and IGO Ltd (ASX:IGO) was down 5.20% or 0.58 points to 10.58.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 768 to 442 and 349 ended unchanged.

Shares in Mineral Resources Ltd (ASX:MIN) fell to 52-week lows; losing 5.22% or 3.11 to 56.44. Shares in IGO Ltd (ASX:IGO) fell to 52-week lows; falling 5.20% or 0.58 to 10.58.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 6.40% to 15.95 a new 6-months high.

Gold Futures for December delivery was down 0.34% or 6.70 to $1,987.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.94% or 0.83 to hit $87.25 a barrel, while the December Brent oil contract fell 0.75% or 0.69 to trade at $91.47 a barrel.

AUD/USD was unchanged 0.05% to 0.63, while AUD/JPY fell 0.02% to 94.67.

The US Dollar Index Futures was up 0.11% at 106.10.