1 month ago
Stock Market

Australia stocks higher at close of trade; S&P/ASX 200 up 1.95%

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Financials, Materials and Metals&Mining sectors

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Financials, Materials and Metals&Mining sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 1.95% to hit a new 3-months high.

The best performers of the session on the S&P/ASX 200 were Steadfast Group Ltd (AX:SDF), which rose 11.49% or 0.300 points to trade at 2.910 at the close. Meanwhile, AMP Ltd (AX:AMP) added 9.95% or 0.220 points to end at 2.430 and Ausdrill Ltd (AX:ASL) was up 9.45% or 0.120 points to 1.390 in late trade.

The worst performers of the session were Domain Holdings Australia Ltd (AX:DHG), which fell 5.17% or 0.120 points to trade at 2.200 at the close. Syrah Resources Ltd (AX:SYR) declined 3.00% or 0.045 points to end at 1.455 and Bluescope Steel Ltd (AX:BSL) was down 2.81% or 0.360 points to 12.440.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 656 to 480 and 348 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.68% to 13.257.

Gold Futures for April delivery was up 0.00% or 0.05 to $1319.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.38% or 0.21 to hit $54.77 a barrel, while the April Brent oil contract rose 0.34% or 0.21 to trade at $62.72 a barrel.

AUD/USD was up 0.51% to 0.7261, while AUD/JPY rose 0.46% to 79.75.

The US Dollar Index Futures was down 0.02% at 95.555.