Australia stocks lower at close of trade; S&P/ASX 200 down 0.94%

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At the close in Sydney, the S&P/ASX 200 fell 0.94%.

The best performers of the session on the S&P/ASX 200 were Domain Holdings Australia Ltd (ASX:DHG), which rose 4.71% or 0.22 points to trade at 4.89 at the close. Meanwhile, Steadfast Group Ltd (ASX:SDF) added 3.84% or 0.18 points to end at 4.87 and Fisher & Paykel Healthcare Ltd (ASX:FPH) was up 3.76% or 1.12 points to 30.89 in late trade.

The worst performers of the session were Magellan Financial Group Ltd (ASX:MFG), which fell 10.15% or 5.22 points to trade at 46.20 at the close. Breville Group Ltd (ASX:BRG) declined 8.97% or 2.99 points to end at 30.36 and Lynas Rare Earths Ltd (ASX:LYC) was down 7.59% or 0.570 points to 6.940.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 962 to 401 and 397 ended unchanged.

Shares in Steadfast Group Ltd (ASX:SDF) rose to all time highs; up 3.84% or 0.18 to 4.87.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.09% to 11.541.

Gold Futures for December delivery was up 0.35% or 6.20 to $1796.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.49% or 0.33 to hit $66.72 a barrel, while the October Brent oil contract fell 0.46% or 0.32 to trade at $69.19 a barrel.

AUD/USD was down 0.65% to 0.7290, while AUD/JPY fell 0.62% to 79.64.

The US Dollar Index Futures was up 0.09% at 92.698.