© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 1.34%

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

At the close in Sydney, the fell 1.34%.

The best performers of the session on the were Cochlear Ltd (ASX:), which rose 8.40% or 17.18 points to trade at 221.68 at the close. Meanwhile, Zip Co Ltd (ASX:) added 5.56% or 0.65 points to end at 12.35 and Crown Ltd (ASX:) was up 5.34% or 0.520 points to 10.250 in late trade.

The worst performers of the session were IPH Ltd (ASX:), which fell 6.40% or 0.43 points to trade at 6.29 at the close. Treasury Wine Estates Ltd (ASX:) declined 6.13% or 0.730 points to end at 11.180 and Pointsbet Holdings Ltd (ASX:) was down 5.58% or 0.95 points to 16.06.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 908 to 477 and 320 ended unchanged.

The , which measures the implied volatility of S&P/ASX 200 options, was up 8.02% to 15.529.

Gold Futures for April delivery was down 0.32% or 5.60 to $1769.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.64% or 0.99 to hit $59.53 a barrel, while the April Brent oil contract fell 1.31% or 0.84 to trade at $63.09 a barrel.

AUD/USD was up 0.39% to 0.7797, while AUD/JPY rose 0.34% to 82.35.

The US Dollar Index Futures was down 0.11% at 90.498.

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