Australia stocks higher at close of trade; S&P/ASX 200 up 0.70%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.70%

Aug 14, 2018

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

At the close in Sydney, the S&P/ASX 200 added 0.70%.

The best performers of the session on the S&P/ASX 200 were JB Hi-Fi Ltd (AX:JBH), which rose 5.90% or 1.380 points to trade at 24.760 at the close. Meanwhile, Afterpay Touch Group Ltd (AX:APT) added 5.75% or 0.820 points to end at 15.090 and A2 Milk Company Ltd (AX:A2M) was up 3.48% or 0.340 points to 10.100 in late trade.

The worst performers of the session were Challenger Ltd (AX:CGF), which fell 6.83% or 0.850 points to trade at 11.600 at the close. Domino'S Pizza Enterprises Ltd (AX:DMP) declined 6.45% or 3.380 points to end at 49.040 and Cochlear Ltd (AX:COH) was down 3.92% or 7.79 points to 190.99.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 630 to 544 and 393 ended unchanged.

Shares in Afterpay Touch Group Ltd (AX:APT) rose to all time highs; up 5.75% or 0.820 to 15.090.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.99% to 11.286.

Gold Futures for December delivery was up 0.23% or 2.70 to $1201.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.43% or 0.29 to hit $67.49 a barrel, while the October Brent oil contract rose 0.28% or 0.20 to trade at $72.81 a barrel.

AUD/USD was unchanged 0.00% to 0.7270, while AUD/JPY rose 0.12% to 80.60.

The US Dollar Index Futures was up 0.01% at 96.17.

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