Australia stocks higher at close of trade; S&P/ASX 200 up 0.25%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.25%

Feb 20, 2020

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

At the close in Sydney, the S&P/ASX 200 rose 0.25% to hit a new all time high.

The best performers of the session on the S&P/ASX 200 were Southern Cross Media Group Ltd (ASX:SXL), which rose 13.91% or 0.105 points to trade at 0.860 at the close. Meanwhile, Perpetual Ltd (ASX:PPT) added 11.15% or 4.74 points to end at 47.27 and Smartgroup Corporation Ltd (ASX:SIQ) was up 9.52% or 0.64 points to 7.36 in late trade.

The worst performers of the session were Wisetech Global Ltd (ASX:WTC), which fell 11.78% or 2.52 points to trade at 18.88 at the close. Domain Holdings Australia Ltd (ASX:DHG) declined 6.33% or 0.24 points to end at 3.55 and Iress Ltd (ASX:IRE) was down 5.74% or 0.78 points to 12.80.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 633 to 560 and 328 ended unchanged.

Shares in Perpetual Ltd (ASX:PPT) rose to 52-week highs; rising 11.15% or 4.74 to 47.27.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.22% to 12.394.

Gold Futures for April delivery was down 0.11% or 1.75 to $1610.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.64% or 0.34 to hit $53.83 a barrel, while the April Brent oil contract rose 0.44% or 0.26 to trade at $59.38 a barrel.

AUD/USD was down 0.41% to 0.6647, while AUD/JPY fell 0.29% to 74.11.

The US Dollar Index Futures was up 0.05% at 99.642.

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