Australia stocks lower at close of trade; S&P/ASX 200 down 1.68%

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At the close in Sydney, the S&P/ASX 200 fell 1.68%.

The best performers of the session on the S&P/ASX 200 were Fortescue Metals Group Ltd (ASX:FMG), which rose 5.31% or 0.530 points to trade at 10.520 at the close. Meanwhile, NRW Holdings Ltd (ASX:NWH) added 4.73% or 0.07 points to end at 1.44 and Oil Search Ltd (ASX:OSH) was up 4.60% or 0.120 points to 2.730 in late trade.

The worst performers of the session were AP Eagers Ltd (ASX:APE), which fell 12.47% or 0.50 points to trade at 3.51 at the close. Skycity Entertainment Group Ltd (ASX:SKC) declined 11.75% or 0.23 points to end at 1.69 and Downer Edi Ltd (ASX:DOW) was down 10.54% or 0.370 points to 3.140.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 624 to 544 and 266 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was unchanged 0.00% to 43.115.

Gold Futures for June delivery was down 0.57% or 9.40 to $1628.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 3.87% or 0.98 to hit $24.34 a barrel, while the June Brent oil contract fell 2.94% or 0.88 to trade at $29.06 a barrel.

AUD/USD was up 0.07% to 0.6063, while AUD/JPY rose 0.15% to 65.48.

The US Dollar Index Futures was up 0.15% at 100.425.

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