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Australia stocks higher at close of trade; S&P/ASX 200 up 0.90%

Published 01/11/2023, 02:45 AM
© Reuters Australia stocks higher at close of trade; S&P/ASX 200 up 0.90%

Investing.com – Australia stocks were higher after the close on Wednesday, as gains in the A-REITs, Metals & Mining and Gold sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.90%.

The best performers of the session on the S&P/ASX 200 were Westgold Resources Ltd (ASX:WGX), which rose 9.09% or 0.10 points to trade at 1.14 at the close. Meanwhile, Kogan.com Ltd (ASX:KGN) added 5.82% or 0.23 points to end at 4.18 and IGO Ltd (ASX:IGO) was up 5.18% or 0.72 points to 14.63 in late trade.

The worst performers of the session were Xero Ltd (ASX:XRO), which fell 3.28% or 2.35 points to trade at 69.29 at the close. Whitehaven Coal Ltd (ASX:WHC) declined 2.54% or 0.23 points to end at 8.84 and Polynovo Ltd (ASX:PNV) was down 2.40% or 0.06 points to 2.44.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 788 to 466 and 357 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.02% to 13.05.

Gold Futures for February delivery was up 0.54% or 10.10 to $1,886.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.60% or 0.45 to hit $74.67 a barrel, while the March Brent oil contract fell 0.45% or 0.36 to trade at $79.74 a barrel.

AUD/USD was unchanged 0.26% to 0.69, while AUD/JPY rose 0.32% to 91.38.

The US Dollar Index Futures was down 0.03% at 102.95.

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