Australia stocks higher at close of trade; S&P/ASX 200 up 0.67%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.67%

Jan 16, 2020

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

At the close in Sydney, the S&P/ASX 200 added 0.67% to hit a new all time high.

The best performers of the session on the S&P/ASX 200 were Challenger Ltd (ASX:CGF), which rose 5.52% or 0.460 points to trade at 8.790 at the close. Meanwhile, Polynovo Ltd (ASX:PNV) added 5.26% or 0.120 points to end at 2.400 and Mayne Pharma Group Ltd (ASX:MYX) was up 4.40% or 0.020 points to 0.475 in late trade.

The worst performers of the session were Super Retail Group Ltd (ASX:SUL), which fell 5.97% or 0.620 points to trade at 9.770 at the close. Pilbara Minerals Ltd (ASX:PLS) declined 2.78% or 0.010 points to end at 0.350 and Domain Holdings Australia Ltd (ASX:DHG) was down 2.77% or 0.110 points to 3.860.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 678 to 494 and 332 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.44% to 10.939.

Gold Futures for February delivery was down 0.05% or 0.75 to $1553.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.71% or 0.41 to hit $58.22 a barrel, while the March Brent oil contract rose 0.69% or 0.44 to trade at $64.44 a barrel.

AUD/USD was up 0.04% to 0.6905, while AUD/JPY rose 0.10% to 75.92.

The US Dollar Index Futures was up 0.04% at 97.000.

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