Australia stocks higher at close of trade; S&P/ASX 200 up 0.77%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.77%

Jul 24, 2019

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

At the close in Sydney, the S&P/ASX 200 gained 0.77% to hit a new 5-year high.

The best performers of the session on the S&P/ASX 200 were Eclipx Group Ltd (ASX:ECX), which rose 7.05% or 0.105 points to trade at 1.595 at the close. Meanwhile, Vocus Group Ltd (ASX:VOC) added 4.90% or 0.150 points to end at 3.210 and Domain Holdings Australia Ltd (ASX:DHG) was up 4.88% or 0.140 points to 3.010 in late trade.

The worst performers of the session were Regis Resources Ltd (ASX:RRL), which fell 12.21% or 0.790 points to trade at 5.680 at the close. Iluka Resources Ltd (ASX:ILU) declined 10.27% or 1.140 points to end at 9.960 and Austal Ltd (ASX:ASB) was down 3.65% or 0.150 points to 3.960.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 701 to 511 and 353 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 0.23% to 10.813.

Gold Futures for August delivery was up 0.06% or 0.85 to $1422.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.37% or 0.21 to hit $56.98 a barrel, while the September Brent oil contract rose 0.22% or 0.14 to trade at $63.97 a barrel.

AUD/USD was down 0.30% to 0.6983, while AUD/JPY fell 0.36% to 75.50.

The US Dollar Index Futures was down 0.03% at 97.387.

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