Australia stocks higher at close of trade; S&P/ASX 200 up 0.71%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.71%

Jan 15, 2019

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

At the close in Sydney, the S&P/ASX 200 added 0.71% to hit a new 1-month high.

The best performers of the session on the S&P/ASX 200 were Navitas Ltd (AX:NVT), which rose 12.86% or 0.630 points to trade at 5.530 at the close. Meanwhile, Syrah Resources Ltd (AX:SYR) added 10.34% or 0.185 points to end at 1.975 and oOh!Media Ltd (AX:OML) was up 6.74% or 0.240 points to 3.800 in late trade.

The worst performers of the session were Ausdrill Ltd (AX:ASL), which fell 5.24% or 0.065 points to trade at 1.175 at the close. Speedcast International Ltd (AX:SDA) declined 3.57% or 0.110 points to end at 2.970 and Coca-Cola Amatil Ltd (AX:CCL) was down 2.51% or 0.210 points to 8.150.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 579 to 481 and 365 ended unchanged.

Shares in Navitas Ltd (AX:NVT) rose to 52-week highs; gaining 12.86% or 0.630 to 5.530.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 7.89% to 14.284 a new 1-month low.

Gold Futures for February delivery was down 0.02% or 0.25 to $1291.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.45% or 0.73 to hit $51.24 a barrel, while the March Brent oil contract rose 1.44% or 0.85 to trade at $59.84 a barrel.

AUD/USD was up 0.33% to 0.7218, while AUD/JPY rose 0.85% to 78.48.

The US Dollar Index Futures was down 0.07% at 95.145.

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