Australia stocks higher at close of trade; S&P/ASX 200 up 0.55%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.55%

Nov 14, 2019

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

At the close in Sydney, the S&P/ASX 200 added 0.55%.

The best performers of the session on the S&P/ASX 200 were Nearmap Ltd (ASX:NEA), which rose 14.06% or 0.350 points to trade at 2.840 at the close. Meanwhile, Afterpay Touch Group Ltd (ASX:APT) added 7.49% or 2.200 points to end at 31.570 and Nanosonics Ltd (ASX:NAN) was up 6.15% or 0.430 points to 7.420 in late trade.

The worst performers of the session were G8 Education Ltd (ASX:GEM), which fell 17.76% or 0.460 points to trade at 2.130 at the close. Costa Group Holdings Ltd (ASX:CGC) declined 3.64% or 0.100 points to end at 2.650 and National Australia Bank Ltd (ASX:NAB) was down 3.44% or 0.990 points to 27.800.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 634 to 516 and 342 ended unchanged.

Shares in G8 Education Ltd (ASX:GEM) fell to 52-week lows; falling 17.76% or 0.460 to 2.130. Shares in Nanosonics Ltd (ASX:NAN) rose to all time highs; rising 6.15% or 0.430 to 7.420.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 3.39% to 10.975.

Gold Futures for December delivery was up 0.24% or 3.55 to $1466.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.70% or 0.40 to hit $57.52 a barrel, while the January Brent oil contract rose 0.64% or 0.40 to trade at $62.77 a barrel.

AUD/USD was down 0.56% to 0.6799, while AUD/JPY fell 0.63% to 73.92.

The US Dollar Index Futures was up 0.05% at 98.280.

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