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Australia stocks higher at close of trade; S&P/ASX 200 up 0.07%

Published 12/11/2017, 12:30 AM
Updated 12/11/2017, 12:35 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 0.07%
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Investing.com – Australia stocks were higher after the close on Monday, as gains in the Telecoms Services, Energy and Resources sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.07%.

The best performers of the session on the S&P/ASX 200 were Flexigroup Ltd (AX:FXL), which rose 4.29% or 0.070 points to trade at 1.700 at the close. Meanwhile, Metcash Ltd (AX:MTS) added 4.19% or 0.130 points to end at 3.230 and CSR Ltd (AX:CSR) was up 3.86% or 0.180 points to 4.840 in late trade.

The worst performers of the session were Retail Food Group Ltd (AX:RFG), which fell 26.14% or 1.150 points to trade at 3.250 at the close. Mineral Resources Ltd (AX:MIN) declined 8.23% or 1.470 points to end at 16.390 and Monadelphous Group Ltd (AX:MND) was down 3.18% or 0.570 points to 17.340.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 616 to 585 and 379 ended unchanged.

Shares in Retail Food Group Ltd (AX:RFG) fell to 3-years lows; falling 26.14% or 1.150 to 3.250. Shares in Metcash Ltd (AX:MTS) rose to 3-years highs; rising 4.19% or 0.130 to 3.230.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.10% to 10.889.

Gold Futures for February delivery was up 0.22% or 2.80 to $1251.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.44% or 0.25 to hit $57.11 a barrel, while the February Brent oil contract fell 0.49% or 0.31 to trade at $63.09 a barrel.

AUD/USD was up 0.27% to 0.7529, while AUD/JPY rose 0.31% to 85.47.

The US Dollar Index Futures was down 0.06% at 93.78.

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