Australia stocks higher at close of trade; S&P/ASX 200 up 0.48%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.48%

Aug 27, 2019

Australia stocks were higher after the close on Tuesday, as gains in the IT, Consumer Discretionary and Telecoms Services sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.48%.

The best performers of the session on the S&P/ASX 200 were Nanosonics Ltd (ASX:NAN), which rose 32.65% or 1.600 points to trade at 6.500 at the close. Meanwhile, Afterpay Touch Group Ltd (ASX:APT) added 7.79% or 1.870 points to end at 25.870 and Bravura Solutions Ltd (ASX:BVS) was up 6.67% or 0.300 points to 4.800 in late trade.

The worst performers of the session were Speedcast International Ltd (ASX:SDA), which fell 32.94% or 0.555 points to trade at 1.130 at the close. Inghams Group Ltd (ASX:ING) declined 17.08% or 0.69 points to end at 3.35 and Iluka Resources Ltd (ASX:ILU) was down 9.69% or 0.730 points to 6.800.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 686 to 469 and 367 ended unchanged.

Shares in Nanosonics Ltd (ASX:NAN) rose to all time highs; up 32.65% or 1.600 to 6.500. Shares in Speedcast International Ltd (ASX:SDA) fell to all time lows; falling 32.94% or 0.555 to 1.130. Shares in Inghams Group Ltd (ASX:ING) fell to 52-week lows; falling 17.08% or 0.69 to 3.35. Shares in Iluka Resources Ltd (ASX:ILU) fell to 52-week lows; losing 9.69% or 0.730 to 6.800.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 7.18% to 15.943.

Gold Futures for December delivery was up 0.27% or 4.15 to $1541.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.54% or 0.29 to hit $53.93 a barrel, while the November Brent oil contract rose 0.57% or 0.33 to trade at $58.45 a barrel.

AUD/USD was down 0.27% to 0.6755, while AUD/JPY fell 0.67% to 71.41.

The US Dollar Index Futures was down 0.11% at 97.882.

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