Australia stocks higher at close of trade; S&P/ASX 200 up 1.11%

Australia stocks higher at close of trade; S&P/ASX 200 up 1.11%

Oct 29, 2018

Australia stocks were higher after the close on Monday, as gains in the Healthcare, Utilities and Telecoms Services sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 1.11%.

The best performers of the session on the S&P/ASX 200 were Syrah Resources Ltd (AX:SYR), which rose 8.60% or 0.120 points to trade at 1.515 at the close. Meanwhile, Mayne Pharma Group Ltd (AX:MYX) added 5.71% or 0.060 points to end at 1.110 and Lynas Corporation Ltd (AX:LYC) was up 5.35% or 0.095 points to 1.870 in late trade.

The worst performers of the session were Emeco Holdings Ltd (AX:EHL), which fell 8.77% or 0.025 points to trade at 0.260 at the close. Seven West Media Ltd (AX:SWM) declined 4.94% or 0.040 points to end at 0.770 and Invocare Ltd (AX:IVC) was down 3.32% or 0.410 points to 11.940.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 591 to 514 and 332 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.95% to 19.128.

Gold Futures for December delivery was down 0.03% or 0.40 to $1235.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.41% or 0.28 to hit $67.31 a barrel, while the January Brent oil contract fell 0.49% or 0.38 to trade at $77.28 a barrel.

AUD/USD was up 0.08% to 0.7098, while AUD/JPY rose 0.18% to 79.47.

The US Dollar Index Futures was up 0.08% at 96.24.

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