Investing.com – Australia stocks were higher after the close on Wednesday, as gains in the Gold, Telecoms Services and IT sectors led shares higher.
At the close in Sydney, the S&P/ASX 200 gained 0.02%.
The best performers of the session on the S&P/ASX 200 were Resolute Mining Ltd (ASX:RSG), which rose 14.29% or 0.06 points to trade at 0.48 at the close. Meanwhile, Ramelius Resources Ltd (ASX:RMS) added 8.06% or 0.10 points to end at 1.34 and Regis Resources Ltd (ASX:RRL) was up 6.40% or 0.13 points to 2.16 in late trade.
The worst performers of the session were Lynas Rare Earths Ltd (ASX:LYC), which fell 4.75% or 0.31 points to trade at 6.21 at the close. Magellan Financial Group Ltd (ASX:MFG) declined 4.06% or 0.35 points to end at 8.28 and Whitehaven Coal Ltd (ASX:WHC) was down 3.85% or 0.28 points to 7.00.
Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 647 to 621 and 410 ended unchanged.
Shares in Resolute Mining Ltd (ASX:RSG) rose to 52-week highs; rising 14.29% or 0.06 to 0.48. Shares in Lynas Rare Earths Ltd (ASX:LYC) fell to 52-week lows; down 4.75% or 0.31 to 6.21.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 2.61% to 13.53.
Gold Futures for June delivery was up 0.22% or 4.50 to $2,042.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.17% or 0.14 to hit $80.85 a barrel, while the June Brent oil contract rose 0.29% or 0.25 to trade at $85.19 a barrel.
AUD/USD was unchanged 0.61% to 0.67, while AUD/JPY fell 0.71% to 88.26.
The US Dollar Index Futures was down 0.01% at 101.26.