At the close in Sydney, the S&P/ASX 200 lost 2.04%.
The best performers of the session on the S&P/ASX 200 were Super Retail Group Ltd (ASX:SUL), which rose 9.49% or 0.77 points to trade at 8.88 at the close. Meanwhile, NRW Holdings Ltd (ASX:NWH) added 7.65% or 0.13 points to end at 1.83 and GWA Group Ltd (ASX:GWA) was up 6.74% or 0.18 points to 2.85 in late trade.
The worst performers of the session were AMP Ltd (ASX:AMP), which fell 12.80% or 0.215 points to trade at 1.465 at the close. Sandfire Resources NL (ASX:SFR) declined 9.73% or 0.510 points to end at 4.730 and Virgin Money PLC (ASX:VUK) was down 8.19% or 0.14 points to 1.62.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 824 to 432 and 316 ended unchanged.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 14.06% to 21.216.
Gold Futures for August delivery was up 1.29% or 25.05 to $1967.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.90% or 0.36 to hit $40.28 a barrel, while the October Brent oil contract rose 0.95% or 0.41 to trade at $43.66 a barrel.
AUD/USD was up 0.45% to 0.7226, while AUD/JPY rose 0.11% to 75.41.
The US Dollar Index Futures was down 0.48% at 92.567.