Australia stocks lower at close of trade; S&P/ASX 200 down 0.28% By Investing.com

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower.

At the close in Sydney, the declined 0.28%.

The best performers of the session on the were Perseus Mining Ltd (ASX:), which rose 3.31% or 0.06 points to trade at 1.88 at the close. Meanwhile, Pilbara Minerals Ltd (ASX:) added 3.20% or 0.09 points to end at 2.90 and Virgin Money PLC (ASX:) was up 2.72% or 0.07 points to 2.64 in late trade.

The worst performers of the session were Tabcorp Holdings Ltd (ASX:), which fell 80.24% or 4.28 points to trade at 1.05 at the close. Nufarm Ltd (ASX:) declined 14.55% or 0.85 points to end at 4.99 and Zip Co Ltd (ASX:) was down 5.43% or 0.05 points to 0.87.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 907 to 491 and 386 ended unchanged.

Shares in Tabcorp Holdings Ltd (ASX:) fell to 5-year lows; down 80.24% or 4.28 to 1.05. Shares in Zip Co Ltd (ASX:) fell to 3-years lows; falling 5.43% or 0.05 to 0.87.

The , which measures the implied volatility of S&P/ASX 200 options, was down 1.45% to 16.65.

Gold Futures for June delivery was up 0.42% or 7.69 to $1,855.49 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.92% or 1.02 to hit $109.27 a barrel, while the August Brent oil contract fell 0.93% or 1.03 to trade at $109.75 a barrel.

AUD/USD was unchanged 0.14% to 0.71, while AUD/JPY fell 0.48% to 90.42.

The US Dollar Index Futures was down 0.31% at 101.78.