Australia stocks higher at close of trade; S&P/ASX 200 up 0.42%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.42%

Jul 03, 2020

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

At the close in Sydney, the S&P/ASX 200 added 0.42%.

The best performers of the session on the S&P/ASX 200 were Tuas Ltd (ASX:TUA), which rose 37.68% or 0.26 points to trade at 0.95 at the close. Meanwhile, Cochlear Ltd (ASX:COH) added 5.87% or 11.31 points to end at 204.00 and Bega Cheese Ltd (ASX:BGA) was up 5.06% or 0.24 points to 4.98 in late trade.

The worst performers of the session were Adelaide Brighton Ltd (ASX:ABC), which fell 25.40% or 0.800 points to trade at 2.350 at the close. Idp Education Ltd (ASX:IEL) declined 4.66% or 0.81 points to end at 16.58 and Netwealth Group Ltd (ASX:NWL) was down 4.64% or 0.44 points to 9.04.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 651 to 561 and 326 ended unchanged.

Shares in Tuas Ltd (ASX:TUA) rose to all time highs; rising 37.68% or 0.26 to 0.95.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 5.31% to 18.324.

Gold Futures for August delivery was down 0.28% or 4.95 to $1785.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.93% or 0.38 to hit $40.27 a barrel, while the September Brent oil contract fell 0.86% or 0.37 to trade at $42.77 a barrel.

AUD/USD was up 0.19% to 0.6935, while AUD/JPY rose 0.22% to 74.56.

The US Dollar Index Futures was down 0.11% at 97.198.

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