Australia stocks were lower after the close on Wednesday, as losses in the Telecoms Services, IT and Consumer Staples sectors led shares lower.
At the close in Sydney, the S&P/ASX 200 lost 0.83%.
The best performers of the session on the S&P/ASX 200 were Silver Lake Resources Ltd (ASX:SLR), which rose 7.04% or 0.075 points to trade at 1.140 at the close. Meanwhile, Pinnacle Investment Management Group Ltd (ASX:PNI) added 5.77% or 0.270 points to end at 4.950 and Galaxy Resources Ltd (ASX:GXY) was up 5.68% or 0.050 points to 0.930 in late trade.
The worst performers of the session were Costa Group Holdings Ltd (ASX:CGC), which fell 18.02% or 0.578 points to trade at 2.630 at the close. Speedcast International Ltd (ASX:SDA) declined 8.68% or 0.095 points to end at 1.000 and Bega Cheese Ltd (ASX:BGA) was down 7.59% or 0.300 points to 3.650.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 685 to 467 and 357 ended unchanged.
Shares in Costa Group Holdings Ltd (ASX:CGC) fell to 3-years lows; losing 18.02% or 0.578 to 2.630. Shares in Bega Cheese Ltd (ASX:BGA) fell to 5-year lows; losing 7.59% or 0.300 to 3.650.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 7.21% to 12.372.
Gold Futures for December delivery was up 0.07% or 1.05 to $1491.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.56% or 0.31 to hit $55.23 a barrel, while the December Brent oil contract fell 1.01% or 0.62 to trade at $60.97 a barrel.
AUD/USD was up 0.02% to 0.6865, while AUD/JPY fell 0.01% to 74.72.
The US Dollar Index Futures was down 0.02% at 97.447.
