2 months ago
Stock Market

Australia stocks higher at close of trade; S&P/ASX 200 up 0.71%

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Consumer Discretionary, Energy and Healthcare

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Consumer Discretionary, Energy and Healthcare sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.71% to hit a new 1-month high.

The best performers of the session on the S&P/ASX 200 were Navitas Ltd (AX:NVT), which rose 12.86% or 0.630 points to trade at 5.530 at the close. Meanwhile, Syrah Resources Ltd (AX:SYR) added 10.34% or 0.185 points to end at 1.975 and oOh!Media Ltd (AX:OML) was up 6.74% or 0.240 points to 3.800 in late trade.

The worst performers of the session were Ausdrill Ltd (AX:ASL), which fell 5.24% or 0.065 points to trade at 1.175 at the close. Speedcast International Ltd (AX:SDA) declined 3.57% or 0.110 points to end at 2.970 and Coca-Cola Amatil Ltd (AX:CCL) was down 2.51% or 0.210 points to 8.150.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 579 to 481 and 365 ended unchanged.

Shares in Navitas Ltd (AX:NVT) rose to 52-week highs; gaining 12.86% or 0.630 to 5.530.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 7.89% to 14.284 a new 1-month low.

Gold Futures for February delivery was down 0.02% or 0.25 to $1291.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.45% or 0.73 to hit $51.24 a barrel, while the March Brent oil contract rose 1.44% or 0.85 to trade at $59.84 a barrel.

AUD/USD was up 0.33% to 0.7218, while AUD/JPY rose 0.85% to 78.48.

The US Dollar Index Futures was down 0.07% at 95.145.