Australia stocks higher at close of trade; S&P/ASX 200 up 0.13%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.13%

May 29, 2018

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Healthcare, Financials and Metals&Mining sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.13%.

The best performers of the session on the S&P/ASX 200 were Galaxy Resources Ltd (AX:GXY), which rose 14.72% or 0.440 points to trade at 3.430 at the close. Meanwhile, Retail Food Group Ltd (AX:RFG) added 8.44% or 0.065 points to end at 0.835 and Lynas Corporation Ltd (AX:LYC) was up 5.78% or 0.130 points to 2.380 in late trade.

The worst performers of the session were Corporate Travel Managment Ltd (AX:CTD), which fell 5.65% or 1.450 points to trade at 24.230 at the close. Altium Ltd (AX:ALU) declined 4.86% or 1.040 points to end at 20.350 and TPG Telecom Ltd (AX:TPM) was down 3.40% or 0.190 points to 5.400.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 615 to 605 and 413 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 6.97% to 11.479.

Gold Futures for June delivery was down 0.48% or 6.30 to $1297.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.43% or 0.97 to hit $66.91 a barrel, while the August Brent oil contract rose 0.53% or 0.40 to trade at $75.72 a barrel.

AUD/USD was down 0.16% to 0.7534, while AUD/JPY fell 0.46% to 82.20.

The US Dollar Index Futures was down 0.07% at 94.29.

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