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Australia stocks higher at close of trade; S&P/ASX 200 up 0.31%

Published 05/09/2018, 02:00 AM
Updated 05/09/2018, 02:05 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 0.31%
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Investing.com – Australia stocks were higher after the close on Wednesday, as gains in the Gold, Energy and Resources sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.31% to hit a new 3-months high.

The best performers of the session on the S&P/ASX 200 were Wisetech Global Ltd (AX:WTC), which rose 5.89% or 0.710 points to trade at 12.760 at the close. Meanwhile, Challenger Ltd (AX:CGF) added 5.29% or 0.630 points to end at 12.530 and CYBG PLC (AX:CYB) was up 4.90% or 0.270 points to 5.780 in late trade.

The worst performers of the session were Greencross Ltd (AX:GXL), which fell 21.46% or 1.150 points to trade at 4.210 at the close. Incitec Pivot Ltd (AX:IPL) declined 5.60% or 0.210 points to end at 3.540 and Seven West Media Ltd (AX:SWM) was down 5.41% or 0.040 points to 0.700.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 704 to 546 and 348 ended unchanged.

Shares in Greencross Ltd (AX:GXL) fell to 5-year lows; losing 21.46% or 1.150 to 4.210.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.10% to 11.369.

Gold Futures for June delivery was down 0.22% or 2.90 to $1310.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.20% or 1.52 to hit $70.58 a barrel, while the July Brent oil contract rose 2.39% or 1.79 to trade at $76.64 a barrel.

AUD/USD was down 0.31% to 0.7432, while AUD/JPY rose 0.06% to 81.39.

The US Dollar Index Futures was up 0.15% at 93.08.

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