On Wednesday, Australia stocks closed lower, with the S&P/ASX 200 down by 0.69%. The decline was led by losses in the Metals & Mining, Gold, and Materials sectors.
At the close in Sydney, the S&P/ASX 200 lost 0.69%. Some notable performers of the session included Alumina Ltd (ASX:AWC), rising by 17.09%, Orora Ltd (ASX:ORA), up by 3.10%, and Appen Ltd (ASX:APX), increasing by 3.00%.
Conversely, the worst performers of the session were IGO Ltd (ASX:IGO), falling by 7.34%, Mineral Resources Ltd (ASX:MIN), declining by 6.12%, and Nuix Ltd (ASX:NXL), down by 4.67%.
Falling stocks outnumbered advancing ones on the Sydney Stock Exchange, with 613 stocks declining, 532 advancing, and 372 remaining unchanged.
The S&P/ASX 200 VIX, measuring the implied volatility of S&P/ASX 200 options, rose by 0.65% to 11.14.
In commodities trading, Gold Futures for February delivery were up by 0.08% to $2,034.65 per troy ounce. Crude oil for delivery in February rose by 0.46% to $72.57 a barrel, while the March Brent oil contract increased by 0.37% to $77.88 a barrel.
In forex trading, AUD/USD was unchanged at 0.67, while AUD/JPY rose by 0.42% to 97.03. The US Dollar Index Futures was down by 0.03% at 102.25.