Australia stocks lower at close of trade; S&P/ASX 200 down 0.49%

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At the close in Sydney, the S&P/ASX 200 declined 0.49%.

The best performers of the session on the S&P/ASX 200 were Nine Entertainment Co Holdings Ltd (ASX:NEC), which rose 5.08% or 0.120 points to trade at 2.480 at the close. Meanwhile, AP Eagers Ltd (ASX:APE) added 4.80% or 0.55 points to end at 12.00 and News Corp B DRC (ASX:NWS) was up 4.54% or 1.02 points to 23.47 in late trade.

The worst performers of the session were Pendal Group Ltd (ASX:PDL), which fell 5.49% or 0.35 points to trade at 6.02 at the close. Whitehaven Coal Ltd (ASX:WHC) declined 4.49% or 0.055 points to end at 1.170 and Fortescue Metals Group Ltd (ASX:FMG) was down 4.34% or 0.750 points to 16.540.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 643 to 633 and 335 ended unchanged.

Shares in Nine Entertainment Co Holdings Ltd (ASX:NEC) rose to 52-week highs; rising 5.08% or 0.120 to 2.480. Shares in News Corp B DRC (ASX:NWS) rose to all time highs; rising 4.54% or 1.02 to 23.47.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.40% to 19.918.

Gold Futures for December delivery was up 0.35% or 6.60 to $1868.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.22% or 0.09 to hit $41.54 a barrel, while the January Brent oil contract rose 0.25% or 0.11 to trade at $43.91 a barrel.

AUD/USD was down 0.25% to 0.7259, while AUD/JPY fell 0.42% to 76.40.

The US Dollar Index Futures was up 0.04% at 93.058.

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