Australia stocks higher at close of trade; S&P/ASX 200 up 0.05%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.05%

Apr 18, 2019

Australia stocks were higher after the close on Thursday, as gains in the Energy, Telecoms Services and Utilities sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.05%.

The best performers of the session on the S&P/ASX 200 were Whitehaven Coal Ltd (AX:WHC), which rose 6.44% or 0.270 points to trade at 4.460 at the close. Meanwhile, Treasury Wine Estates Ltd (AX:TWE) added 3.33% or 0.540 points to end at 16.780 and Ardent Leisure Ltd (AX:ALG) was up 3.23% or 0.040 points to 1.280 in late trade.

The worst performers of the session were Galaxy Resources Ltd (AX:GXY), which fell 11.62% or 0.215 points to trade at 1.635 at the close. Orocobre Ltd (AX:ORE) declined 6.13% or 0.220 points to end at 3.370 and Australian Pharma Industries Ltd (AX:API) was down 4.93% or 0.075 points to 1.445.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 577 to 554 and 390 ended unchanged.

Shares in Galaxy Resources Ltd (AX:GXY) fell to 52-week lows; losing 11.62% or 0.215 to 1.635.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.87% to 10.914.

Gold Futures for June delivery was down 0.28% or 3.55 to $1273.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.06% or 0.04 to hit $63.72 a barrel, while the June Brent oil contract fell 0.11% or 0.08 to trade at $71.54 a barrel.

AUD/USD was up 0.10% to 0.7185, while AUD/JPY fell 0.01% to 80.42.

The US Dollar Index Futures was down 0.01% at 96.650.

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