Australia stocks lower at close of trade; S&P/ASX 200 down 2.02%

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At the close in Sydney, the S&P/ASX 200 fell 2.02%.

The best performers of the session on the S&P/ASX 200 were Credit Corp Group Ltd (ASX:CCP), which rose 25.48% or 2.78 points to trade at 13.69 at the close. Meanwhile, EML Payments Ltd (ASX:EML) added 23.32% or 0.43 points to end at 2.30 and G8 Education Ltd (ASX:GEM) was up 19.29% or 0.135 points to 0.835 in late trade.

The worst performers of the session were Resolute Mining Ltd (ASX:RSG), which fell 12.43% or 0.115 points to trade at 0.810 at the close. Unibail Rodamco Westfield (ASX:URW) declined 12.04% or 0.59 points to end at 4.31 and Coles Group Ltd (ASX:COL) was down 9.87% or 1.66 points to 15.16.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 851 to 379 and 245 ended unchanged.

Shares in Unibail Rodamco Westfield (ASX:URW) fell to all time lows; falling 12.04% or 0.59 to 4.31.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 15.04% to 35.629.

Gold Futures for June delivery was down 0.53% or 8.70 to $1634.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 5.18% or 1.04 to hit $21.13 a barrel, while the June Brent oil contract rose 1.59% or 0.42 to trade at $26.84 a barrel.

AUD/USD was up 0.11% to 0.6179, while AUD/JPY rose 0.71% to 66.97.

The US Dollar Index Futures was up 0.28% at 99.555.

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