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Australia stocks higher at close of trade; S&P/ASX 200 up 1.05%

Published 03/17/2022, 03:45 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 1.05%
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Investing.com – Australia stocks were higher after the close on Thursday, as gains in the IT, Materials and Metals & Mining sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 1.05%.

The best performers of the session on the S&P/ASX 200 were Kogan.com Ltd (ASX:KGN), which rose 12.02% or 0.59 points to trade at 5.50 at the close. Meanwhile, Pointsbet Holdings Ltd (ASX:PBH) added 10.32% or 0.36 points to end at 3.85 and Zip Co Ltd (ASX:Z1P) was up 10.14% or 0.15 points to 1.57 in late trade.

The worst performers of the session were Gold Road Resources Ltd (ASX:GOR), which fell 3.28% or 0.06 points to trade at 1.62 at the close. Graincorp Ltd (ASX:GNC) declined 2.76% or 0.24 points to end at 8.45 and Domino'S Pizza Enterprises Ltd (ASX:DMP) was down 2.22% or 1.90 points to 83.84.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 903 to 484 and 378 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 8.46% to 16.53.

Gold Futures for April delivery was up 1.31% or 25.10 to $1,934.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.80% or 2.66 to hit $97.70 a barrel, while the May Brent oil contract rose 3.14% or 3.08 to trade at $101.10 a barrel.

AUD/USD was unchanged 0.29% to 0.73, while AUD/JPY rose 0.34% to 86.83.

The US Dollar Index Futures was down 0.26% at 98.36.

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