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%

Jan 31, 2020

Australia stocks were higher after the close on Friday, as gains in the IT, Consumer Staples and Healthcare 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 Link Administration Holdings Ltd (ASX:LNK), which rose 9.66% or 0.60 points to trade at 6.81 at the close. Meanwhile, G.U.D. Holdings Ltd (ASX:GUD) added 7.23% or 0.81 points to end at 12.02 and Avita Medical (ASX:AVH) was up 5.47% or 0.035 points to 0.675 in late trade.

The worst performers of the session were Polynovo Ltd (ASX:PNV), which fell 5.08% or 0.150 points to trade at 2.800 at the close. Gold Road Resources Ltd (ASX:GOR) declined 5.02% or 0.075 points to end at 1.420 and Adelaide Brighton Ltd (ASX:ABC) was down 3.45% or 0.130 points to 3.640.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 621 to 546 and 363 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.52% to 13.767.

Gold Futures for February delivery was down 0.66% or 10.50 to $1573.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.61% or 0.84 to hit $52.98 a barrel, while the April Brent oil contract rose 1.38% or 0.79 to trade at $58.12 a barrel.

AUD/USD was down 0.04% to 0.6716, while AUD/JPY rose 0.04% to 73.23.

The US Dollar Index Futures was up 0.07% at 97.775.

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