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Australia stocks higher at close of trade; S&P/ASX 200 up 1.54%

Published 10/24/2022, 03:45 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 1.54%

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

At the close in Sydney, the S&P/ASX 200 rose 1.54%.

The best performers of the session on the S&P/ASX 200 were Evolution Mining Ltd (ASX:EVN), which rose 7.73% or 0.14 points to trade at 1.95 at the close. Meanwhile, Gold Road Resources Ltd (ASX:GOR) added 6.43% or 0.08 points to end at 1.33 and Pilbara Minerals Ltd (ASX:PLS) was up 6.11% or 0.31 points to 5.38 in late trade.

The worst performers of the session were Austal Ltd (ASX:ASB), which fell 6.25% or 0.15 points to trade at 2.25 at the close. Pointsbet Holdings Ltd (ASX:PBH) declined 2.37% or 0.05 points to end at 2.06 and Mesoblast Ltd (ASX:MSB) was down 2.07% or 0.02 points to 0.94.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 797 to 507 and 374 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 0.20% to 18.80.

Gold Futures for December delivery was down 0.10% or 1.70 to $1,654.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.42% or 1.21 to hit $83.84 a barrel, while the January Brent oil contract fell 1.34% or 1.22 to trade at $90.12 a barrel.

AUD/USD was down 1.11% to 0.63, while AUD/JPY rose 0.01% to 94.16.

The US Dollar Index Futures was up 0.23% at 112.24.

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