Australia stocks higher at close of trade; S&P/ASX 200 up 0.56%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.56%

Oct 16, 2018

Australia stocks were higher after the close on Tuesday, as gains in the Gold, Consumer Discretionary and Metals&Mining sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.56%.

The best performers of the session on the S&P/ASX 200 were Washington H Soul Pattinson&Co Ltd (AX:SOL), which rose 5.47% or 1.430 points to trade at 27.560 at the close. Meanwhile, Saracen Mineral Holdings Ltd (AX:SAR) added 5.19% or 0.110 points to end at 2.230 and Elders Ltd (AX:ELD) was up 5.19% or 0.360 points to 7.290 in late trade.

The worst performers of the session were IPH Ltd (AX:IPH), which fell 2.96% or 0.170 points to trade at 5.570 at the close. Syrah Resources Ltd (AX:SYR) declined 2.80% or 0.050 points to end at 1.735 and Sigma Pharmaceuticals Ltd (AX:SIG) was down 2.68% or 0.015 points to 0.545.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 644 to 523 and 339 ended unchanged.

Shares in Syrah Resources Ltd (AX:SYR) fell to 5-year lows; falling 2.80% or 0.050 to 1.735.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 11.05% to 17.979.

Gold Futures for December delivery was down 0.11% or 1.30 to $1229.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.07% or 0.05 to hit $71.83 a barrel, while the December Brent oil contract rose 0.27% or 0.22 to trade at $81.00 a barrel.

AUD/USD was down 0.11% to 0.7122, while AUD/JPY rose 0.18% to 79.83.

The US Dollar Index Futures was up 0.11% at 94.87.

Join Libertex!

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

Register
or start live trading now