Australia stocks lower at close of trade; S&P/ASX 200 down 2.46%

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At the close in Sydney, the S&P/ASX 200 declined 2.46%.

The best performers of the session on the S&P/ASX 200 were Evolution Mining Ltd (ASX:EVN), which rose 5.05% or 0.24 points to trade at 4.99 at the close. Meanwhile, Northern Star Resources Ltd (ASX:NST) added 4.56% or 0.570 points to end at 13.060 and Regis Resources Ltd (ASX:RRL) was up 4.52% or 0.180 points to 4.160 in late trade.

The worst performers of the session were Southern Cross Media Group Ltd (ASX:SXL), which fell 14.29% or 0.020 points to trade at 0.120 at the close. Avita Medical (ASX:AVH) declined 13.13% or 0.065 points to end at 0.430 and Metcash Ltd (ASX:MTS) was down 12.83% or 0.390 points to 2.650.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 995 to 288 and 252 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 11.74% to 28.313.

Gold Futures for June delivery was down 0.08% or 1.40 to $1709.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.35% or 0.48 to hit $20.91 a barrel, while the June Brent oil contract fell 3.56% or 0.91 to trade at $24.66 a barrel.

AUD/USD was down 0.25% to 0.6319, while AUD/JPY fell 0.38% to 67.91.

The US Dollar Index Futures was up 0.19% at 100.250.

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