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Australia stocks higher at close of trade; S&P/ASX 200 up 1.09%

Published 10/08/2020, 02:45 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 1.09%
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Investing.com – Australia stocks were higher after the close on Thursday, as gains in the IT, Healthcare and Materials sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 1.09% to hit a new 1-month high.

The best performers of the session on the S&P/ASX 200 were Zip Co Ltd (ASX:Z1P), which rose 8.78% or 0.64 points to trade at 7.93 at the close. Meanwhile, Netwealth Group Ltd (ASX:NWL) added 8.28% or 1.32 points to end at 17.27 and Avita Therapeutics Inc (ASX:AVH) was up 5.93% or 0.410 points to 7.320 in late trade.

The worst performers of the session were Whitehaven Coal Ltd (ASX:WHC), which fell 3.72% or 0.040 points to trade at 1.035 at the close. Reliance Worldwide Corporation Ltd (ASX:RWC) declined 2.51% or 0.11 points to end at 4.27 and Growthpoint Properties Australia (ASX:GOZ) was down 1.97% or 0.07 points to 3.49.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 748 to 501 and 340 ended unchanged.

Shares in Netwealth Group Ltd (ASX:NWL) rose to all time highs; up 8.28% or 1.32 to 17.27.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.84% to 19.625.

Gold Futures for December delivery was up 0.35% or 6.65 to $1897.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.35% or 0.14 to hit $40.09 a barrel, while the December Brent oil contract rose 0.45% or 0.19 to trade at $42.18 a barrel.

AUD/USD was up 0.32% to 0.7160, while AUD/JPY rose 0.34% to 75.89.

The US Dollar Index Futures was down 0.13% at 93.555.

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