Australia stocks higher at close of trade; S&P/ASX 200 up 0.95%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.95%

Apr 23, 2019

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

At the close in Sydney, the S&P/ASX 200 gained 0.95% to hit a new 6-months high.

The best performers of the session on the S&P/ASX 200 were Eclipx Group Ltd (AX:ECX), which rose 6.56% or 0.060 points to trade at 0.975 at the close. Meanwhile, Appen Ltd (AX:APX) added 5.31% or 1.260 points to end at 25.000 and Seven West Media Ltd (AX:SWM) was up 4.55% or 0.025 points to 0.575 in late trade.

The worst performers of the session were Galaxy Resources Ltd (AX:GXY), which fell 3.98% or 0.065 points to trade at 1.570 at the close. Hub24 Ltd (AX:HUB) declined 3.16% or 0.460 points to end at 14.100 and Orocobre Ltd (AX:ORE) was down 2.67% or 0.090 points to 3.280.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 659 to 483 and 401 ended unchanged.

Shares in Galaxy Resources Ltd (AX:GXY) fell to 52-week lows; falling 3.98% or 0.065 to 1.570.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 5.64% to 11.530.

Gold Futures for June delivery was down 0.23% or 2.95 to $1274.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.85% or 0.56 to hit $66.11 a barrel, while the June Brent oil contract rose 0.70% or 0.52 to trade at $74.56 a barrel.

AUD/USD was down 0.22% to 0.7117, while AUD/JPY fell 0.26% to 79.62.

The US Dollar Index Futures was up 0.11% at 97.058.

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