Australia stocks higher at close of trade; S&P/ASX 200 up 0.31%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.31%

Oct 24, 2019

Australia stocks were higher after the close on Thursday, as gains in the Energy, Consumer Discretionary and Resources sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.31%.

The best performers of the session on the S&P/ASX 200 were JB Hi-Fi Ltd (ASX:JBH), which rose 6.77% or 2.310 points to trade at 36.450 at the close. Meanwhile, Star Entertainment Group Ltd (ASX:SGR) added 5.38% or 0.240 points to end at 4.700 and Webjet Ltd (ASX:WEB) was up 4.06% or 0.430 points to 11.030 in late trade.

The worst performers of the session were Wisetech Global Ltd (ASX:WTC), which fell 6.83% or 1.950 points to trade at 26.580 at the close. Nearmap Ltd (ASX:NEA) declined 5.05% or 0.150 points to end at 2.820 and Bravura Solutions Ltd (ASX:BVS) was down 4.79% or 0.190 points to 3.780.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 582 to 569 and 323 ended unchanged.

Shares in JB Hi-Fi Ltd (ASX:JBH) rose to all time highs; up 6.77% or 2.310 to 36.450.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 3.20% to 12.188 a new 1-month low.

Gold Futures for December delivery was down 0.10% or 1.45 to $1494.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.55% or 0.31 to hit $55.66 a barrel, while the December Brent oil contract fell 0.29% or 0.18 to trade at $60.99 a barrel.

AUD/USD was down 0.19% to 0.6840, while AUD/JPY fell 0.26% to 74.29.

The US Dollar Index Futures was down 0.02% at 97.213.

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