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Australia stocks higher at close of trade; S&P/ASX 200 up 0.62%

Published 09/12/2017, 02:00 AM
Updated 09/12/2017, 02:05 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 0.62%
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Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Financials, Metals & Mining and Materials sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.62%.

The best performers of the session on the S&P/ASX 200 were Galaxy Resources Ltd (AX:GXY), which rose 10.13% or 0.240 points to trade at 2.610 at the close. Meanwhile, Tabcorp Holdings Ltd (AX:TAH) added 4.33% or 0.180 points to end at 4.340 and South32 Ltd (AX:S32) was up 3.72% or 0.115 points to 3.205 in late trade.

The worst performers of the session were Saracen Mineral Holdings Ltd (AX:SAR), which fell 5.14% or 0.073 points to trade at 1.337 at the close. Regis Resources Ltd (AX:RRL) declined 4.56% or 0.190 points to end at 3.980 and Resolute Mining Ltd (AX:RSG) was down 4.25% or 0.053 points to 1.183.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 617 to 557 and 372 ended unchanged.

Shares in South32 Ltd (AX:S32) rose to all time highs; rising 3.72% or 0.115 to 3.205.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.07% to 12.320.

Gold Futures for December delivery was down 0.48% or 6.39 to $1329.31 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.19% or 0.09 to hit $47.98 a barrel, while the November Brent oil contract fell 0.20% or 0.11 to trade at $53.73 a barrel.

AUD/USD was unchanged 0.00% to 0.8027, while AUD/JPY fell 0.09% to 87.75.

The US Dollar Index Futures was down 0.10% at 91.83.

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