Australia stocks lower at close of trade; S&P/ASX 200 down 1.97%

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At the close in Sydney, the S&P/ASX 200 fell 1.97%.

The best performers of the session on the S&P/ASX 200 were Pointsbet Holdings Ltd (ASX:PBH), which rose 10.74% or 0.26 points to trade at 2.68 at the close. Meanwhile, Omni Bridgeway Ltd (ASX:OBL) added 3.50% or 0.12 points to end at 3.55 and Domino’S Pizza Enterprises Ltd (ASX:DMP) was up 0.97% or 0.65 points to 68.00 in late trade.

The worst performers of the session were Unibail Rodamco Westfield (ASX:URW), which fell 6.00% or 0.24 points to trade at 3.76 at the close. EML Payments Ltd (ASX:EML) declined 5.75% or 0.08 points to end at 1.23 and Janus Henderson Group PLC DRC (ASX:JHG) was down 5.72% or 2.03 points to 33.49.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 965 to 550 and 383 ended unchanged.

Shares in Unibail Rodamco Westfield (ASX:URW) fell to 52-week lows; losing 6.00% or 0.24 to 3.76. Shares in EML Payments Ltd (ASX:EML) fell to 3-years lows; down 5.75% or 0.08 to 1.23.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 5.93% to 19.18.

Gold Futures for August delivery was down 0.15% or 2.80 to $1,814.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.28% or 0.31 to hit $109.47 a barrel, while the September Brent oil contract fell 0.18% or 0.20 to trade at $112.25 a barrel.

AUD/USD was unchanged 0.09% to 0.69, while AUD/JPY fell 0.21% to 93.79.

The US Dollar Index Futures was down 0.08% at 104.77.

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