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Australia stocks higher at close of trade; S&P/ASX 200 up 0.42%

Published 01/29/2018, 12:30 AM
Updated 01/29/2018, 12:35 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 0.42%
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Investing.com – Australia stocks were higher after the close on Monday, as gains in the Telecoms Services, Healthcare and Consumer Discretionary sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.42%.

The best performers of the session on the S&P/ASX 200 were Orocobre Ltd (AX:ORE), which rose 5.66% or 0.390 points to trade at 7.280 at the close. Meanwhile, Iluka Resources Ltd (AX:ILU) added 5.26% or 0.510 points to end at 10.210 and Fairfax Media Ltd (AX:FXJ) was up 5.19% or 0.035 points to 0.710 in late trade.

The worst performers of the session were Northern Star Resources Ltd (AX:NST), which fell 5.75% or 0.360 points to trade at 5.900 at the close. Saracen Mineral Holdings Ltd (AX:SAR) declined 4.73% or 0.075 points to end at 1.510 and Regis Resources Ltd (AX:RRL) was down 3.74% or 0.160 points to 4.120.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 667 to 633 and 345 ended unchanged.

Shares in Orocobre Ltd (AX:ORE) rose to all time highs; up 5.66% or 0.390 to 7.280.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.49% to 11.698.

Gold Futures for February delivery was down 0.40% or 5.40 to $1346.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.33% or 0.22 to hit $66.36 a barrel, while the April Brent oil contract fell 0.13% or 0.09 to trade at $70.06 a barrel.

AUD/USD was down 0.20% to 0.8094, while AUD/JPY fell 0.05% to 88.02.

The US Dollar Index Futures was up 0.14% at 88.99.

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