Australia stocks were lower after the close on Wednesday, as losses in the Financials, Gold and Telecoms Services sectors led shares lower.

At the close in Sydney, the S&P/ASX 200 lost 0.12%.

The best performers of the session on the S&P/ASX 200 were Mesoblast Ltd (ASX:MSB), which rose 4.81% or 0.05 points to trade at 1.09 at the close. Meanwhile, Omni Bridgeway Ltd (ASX:OBL) added 3.56% or 0.09 points to end at 2.62 and Monadelphous Group Ltd (ASX:MND) was up 3.50% or 0.45 points to 13.30 in late trade.

The worst performers of the session were Appen Ltd (ASX:APX), which fell 28.21% or 0.90 points to trade at 2.29 at the close. Kogan.com Ltd (ASX:KGN) declined 4.69% or 0.21 points to end at 4.27 and Bank Of Queensland Ltd. (ASX:BOQ) was down 4.23% or 0.25 points to 5.66.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 652 to 621 and 396 ended unchanged.

Shares in Bank Of Queensland Ltd. (ASX:BOQ) fell to 52-week lows; down 4.23% or 0.25 to 5.66.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 0.68% to 12.64.

Gold Futures for June delivery was down 0.28% or 5.75 to $2,037.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.92% or 0.68 to hit $73.03 a barrel, while the July Brent oil contract fell 0.93% or 0.72 to trade at $76.72 a barrel.

AUD/USD was unchanged 0.15% to 0.68, while AUD/JPY rose 0.22% to 91.61.

The US Dollar Index Futures was down 0.04% at 101.36.