The S&P/ASX 200 is down 0.21 percent at the end of trading in Australia.
After Tuesday’s market close, shares in Australia went down because of losses in the telecom services, IT, and consumer staples sectors.
At the close in Sydney, the S&P/ASX 200 lost 0.21% to hit a new 1-month low.
Hub24 Ltd (ASX:HUB), which rose 7.74% or 2.09 points to close at 29.09 on the S&P/ASX 200, performed the best.In late trade, EML Payments Ltd (ASX:EML) went up 5.79% or 0.04 points to end at 0.64, and Pilbara Minerals Ltd (ASX:PLS) went up 4.52% or 0.19 points to 4.39.
Ingenia Communities Group (ASX:INA), which fell 13.42% or 0.62 points to $4.00 at the end of the session, did the worst. Monadelphous Group Ltd (ASX:MND) fell 8.81% or 1.23 points to finish at $12.73, and A2 Milk Company Ltd (ASX:A2M) fell 6.32% or 0.41 points to $6.08.
On the Sydney Stock Exchange, there were 671 stocks that went down, 544 that went up, and 408 that stayed the same.
The implied volatility of S&P/ASX 200 options, as measured by the S&P/ASX 200 VIX, went down by 5.86% to 12.20.
Gold futures for April delivery went down 0.34 percent, or $6.30, to $1,843.90 an ounce. Elsewhere in commodities trading, crude oil for April delivery rose 0.39% or 0.30 to hit $76.85 a barrel, while the April Brent oil contract fell 0.80% or 0.67 to trade at $83.40 a barrel.
AUD/USD stayed the same at 0.69, and AUD/JPY went down by 0.07% to 92.63.
At 104.04, the US Dollar Index Futures were up 0.26 percent.