The energy, resources, and metals & mining sectors led the decline in Australia’s stock market after the market closed on Wednesday.
At Sydney’s closing, the S&P/ASX 200 was down 0.16 percent.
Clinuvel Pharmaceuticals Ltd. (ASX:CUV), which gained 16.19% or 2.81 points to close at 20.17 on the S&P/ASX 200, had the strongest performance during the session. Zip Co Ltd (ASX:ZIP) gained 11.70%, or 0.10 points, to close at 0.95, while Mesoblast Ltd (ASX:MSB) rose 8.92%, or 0.07 point, to 0.86 in late-day trading.
Related: The Australian dollar falls after the RBA; rising US yields put pressure on the yen.
Pointsbet Holdings Ltd. (ASX:PBH) had the poorest performance during the day, falling 11.85 percent, or 0.39 points, to close at $2.90. Mineral Resources Ltd (ASX:MIN) fell 5.87%, or 3.99 points, to close at 63.97, but Tabcorp Holdings Ltd (ASX:TAH) fell 4.95%, or 0.05 points, to 0.96.
On the Sydney Stock Exchange, stocks that went up outnumbered those that went down by 769 to 619, while 376 stayed the same.
The S&P/ASX 200 implied volatility index went down by 0.89 percentage points, to 15.15.
Gold futures for December delivery fell 0.18 percent, or $3.15, to $1,733.15 an ounce. Crude oil for delivery in October declined 0.12%, or $0.11, to $91.53 per barrel, while the November Brent oil contract fell 0.12%, or $0.12, to trade at $97.72 per barrel.
AUD/USD remained constant at 0.69, while AUD/JPY increased 0.32 percent to 95.39.
US Dollar Index Futures rose 0.08 percent to 108.83.
