Australia stocks higher at close of trade; S&P/ASX 200 up 0.52%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.52%

Sep 06, 2019

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

At the close in Sydney, the S&P/ASX 200 added 0.52% to hit a new 1-month high.

The best performers of the session on the S&P/ASX 200 were Speedcast International Ltd (ASX:SDA), which rose 9.61% or 0.110 points to trade at 1.255 at the close. Meanwhile, Cooper Energy Ltd (ASX:COE) added 5.98% or 0.035 points to end at 0.620 and AMP Ltd (ASX:AMP) was up 5.42% or 0.090 points to 1.750 in late trade.

The worst performers of the session were Pro Medicus Ltd (ASX:PME), which fell 12.09% or 4.590 points to trade at 33.380 at the close. Charter Hall Group (ASX:CHC) declined 5.70% or 0.730 points to end at 12.080 and Saracen Mineral Holdings Ltd (ASX:SAR) was down 5.07% or 0.190 points to 3.560.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 688 to 559 and 351 ended unchanged.

Shares in Cooper Energy Ltd (ASX:COE) rose to 5-year highs; gaining 5.98% or 0.035 to 0.620.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.82% to 13.008 a new 1-month low.

Gold Futures for December delivery was down 0.49% or 7.45 to $1518.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.21% or 0.12 to hit $56.42 a barrel, while the November Brent oil contract rose 0.16% or 0.10 to trade at $61.05 a barrel.

AUD/USD was up 0.15% to 0.6824, while AUD/JPY rose 0.28% to 73.06.

The US Dollar Index Futures was down 0.09% at 98.292.

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