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Australian stocks drop at close of trade

On Wednesday, Australian stocks traded lower after the close, as losses in the Healthcare, IT as well as Consumer Discretionary sectors pushed sto0cks lower.

The S&P/ASX 200 went down 1.16% to reach a new 1-month minimum.

The best performers of the trading session on the S&P/ASX 200 include CSR Ltd, Regis Resources Ltd and Resolute Mining Ltd. They surged 8.61%, 7.45% and 7.35% respectively.    

As for the worst performers, these were Webjet Ltd, Waste Management Ltd and Nextdc Ltd. They went down 11.85%, 7.26% and 7.12% respectively.     

On the Australia Stock Exchange, sinking shares managed to outperform growing ones by 773 to 304, while 288 remained intact.

The S&P/ASX 200 VIX, measuring the implied volatility of S&P/ASX 200 options, leapt 12.97%, being worth 18.364 - a fresh 1-month peak.

The currency pair AUD/USD edged down 0.26%, trading at 0.7632, while AUD/JPY headed south 0.61%, being worth 79.20.

The US Dollar Index went down 0.15%, trading at 97.61.

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