Australia stocks higher at close of trade; S&P/ASX 200 up 0.45%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.45%

Mar 22, 2019

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

At the close in Sydney, the S&P/ASX 200 added 0.45%.

The best performers of the session on the S&P/ASX 200 were Pact Group Holdings Ltd (AX:PGH), which rose 6.25% or 0.160 points to trade at 2.720 at the close. Meanwhile, Syrah Resources Ltd (AX:SYR) added 6.09% or 0.060 points to end at 1.045 and Estia Health Ltd (AX:EHE) was up 4.40% or 0.120 points to 2.850 in late trade.

The worst performers of the session were St Barbara Ltd (AX:SBM), which fell 29.25% or 1.360 points to trade at 3.290 at the close. Saracen Mineral Holdings Ltd (AX:SAR) declined 4.17% or 0.120 points to end at 2.760 and Regis Resources Ltd (AX:RRL) was down 4.06% or 0.220 points to 5.200.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 675 to 469 and 360 ended unchanged.

Shares in St Barbara Ltd (AX:SBM) fell to 52-week lows; down 29.25% or 1.360 to 3.290.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.43% to 11.301 a new 3-months low.

Gold Futures for April delivery was up 0.11% or 1.45 to $1308.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.12% or 0.07 to hit $59.91 a barrel, while the May Brent oil contract fell 0.04% or 0.03 to trade at $67.83 a barrel.

AUD/USD was down 0.06% to 0.7107, while AUD/JPY fell 0.01% to 78.77.

The US Dollar Index Futures was down 0.20% at 95.797.

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