Australia stocks higher at close of trade; S&P/ASX 200 up 1.41%

Australia stocks higher at close of trade; S&P/ASX 200 up 1.41%

May 04, 2020

Australia stocks were higher after the close on Monday, as gains in the Gold, IT and Consumer Staples sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 1.41%.

The best performers of the session on the S&P/ASX 200 were Afterpay Touch Group Ltd (ASX:APT), which rose 23.80% or 6.94 points to trade at 36.10 at the close. Meanwhile, Qube Holdings Ltd (ASX:QUB) added 13.12% or 0.290 points to end at 2.500 and Gold Road Resources Ltd (ASX:GOR) was up 8.16% or 0.120 points to 1.590 in late trade.

The worst performers of the session were AP Eagers Ltd (ASX:APE), which fell 7.31% or 0.34 points to trade at 4.31 at the close. oOh!Media Ltd (ASX:OML) declined 7.04% or 0.07 points to end at 0.93 and Flight Centre Ltd (ASX:FLT) was down 6.27% or 0.63 points to 9.42.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 655 to 546 and 324 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 3.20% to 28.676.

Gold Futures for June delivery was up 0.83% or 14.20 to $1715.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 5.81% or 1.15 to hit $18.63 a barrel, while the July Brent oil contract fell 0.72% or 0.19 to trade at $26.25 a barrel.

AUD/USD was down 0.38% to 0.6393, while AUD/JPY fell 0.58% to 68.27.

The US Dollar Index Futures was up 0.28% at 99.380.

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