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Australia stocks higher at close of trade; S&P/ASX 200 up 0.12%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.12%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.12%
Stock Market
Tuesday, April 17, 2018 - 06:00

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the IT, Gold and Telecoms Services sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.12%.

The best performers of the session on the S&P/ASX 200 were Saracen Mineral Holdings Ltd (AX:SAR), which rose 5.57% or 0.100 points to trade at 1.895 at the close. Meanwhile, Webjet Ltd (AX:WEB) added 3.22% or 0.330 points to end at 10.590 and Whitehaven Coal Ltd (AX:WHC) was up 3.04% or 0.130 points to 4.410 in late trade.

The worst performers of the session were AMP Ltd (AX:AMP), which fell 4.41% or 0.210 points to trade at 4.550 at the close. Platinum Asset Management Ltd (AX:PTM) declined 3.18% or 0.175 points to end at 5.335 and A2 Milk Company Ltd (AX:A2M) was down 3.25% or 0.380 points to 11.320.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 581 to 558 and 406 ended unchanged.

Shares in Saracen Mineral Holdings Ltd (AX:SAR) rose to all time highs; gaining 5.57% or 0.100 to 1.895. Shares in AMP Ltd (AX:AMP) fell to 52-week lows; losing 4.41% or 0.210 to 4.550.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.19% to 12.540.

Gold Futures for June delivery was down 0.19% or 2.60 to $1348.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.47% or 0.31 to hit $66.53 a barrel, while the June Brent oil contract rose 0.35% or 0.25 to trade at $71.67 a barrel.

AUD/USD was down 0.09% to 0.7774, while AUD/JPY fell 0.18% to 83.19.

The US Dollar Index Futures was down 0.04% at 89.10.

© Reuters.
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