Australia stocks higher at close of trade; S&P/ASX 200 up 0.49%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.49%

Jul 17, 2019

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

At the close in Sydney, the S&P/ASX 200 gained 0.49%.

The best performers of the session on the S&P/ASX 200 were Elders Ltd (ASX:ELD), which rose 16.43% or 0.995 points to trade at 7.050 at the close. Meanwhile, Austal Ltd (ASX:ASB) added 11.24% or 0.400 points to end at 3.960 and Western Areas Ltd (ASX:WSA) was up 8.70% or 0.180 points to 2.250 in late trade.

The worst performers of the session were Speedcast International Ltd (ASX:SDA), which fell 6.74% or 0.130 points to trade at 1.800 at the close. Galaxy Resources Ltd (ASX:GXY) declined 6.59% or 0.090 points to end at 1.275 and Estia Health Ltd (ASX:EHE) was down 5.78% or 0.160 points to 2.610.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 606 to 545 and 345 ended unchanged.

Shares in Austal Ltd (ASX:ASB) rose to all time highs; up 11.24% or 0.400 to 3.960.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.44% to 10.898.

Gold Futures for August delivery was down 0.38% or 5.30 to $1405.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.28% or 0.16 to hit $57.78 a barrel, while the September Brent oil contract rose 0.50% or 0.32 to trade at $64.67 a barrel.

AUD/USD was down 0.04% to 0.7009, while AUD/JPY fell 0.05% to 75.84.

The US Dollar Index Futures was down 0.00% at 97.037.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now