Australia stocks higher at close of trade; S&P/ASX 200 up 1.49%

Australia stocks higher at close of trade; S&P/ASX 200 up 1.49%

Aug 30, 2019

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

At the close in Sydney, the S&P/ASX 200 added 1.49%.

The best performers of the session on the S&P/ASX 200 were Austal Ltd (ASX:ASB), which rose 14.36% or 0.530 points to trade at 4.220 at the close. Meanwhile, Appen Ltd (ASX:APX) added 6.76% or 1.640 points to end at 25.910 and Eclipx Group Ltd (ASX:ECX) was up 6.29% or 0.095 points to 1.605 in late trade.

The worst performers of the session were Harvey Norman Holdings Ltd (ASX:HVN), which fell 5.57% or 0.260 points to trade at 4.410 at the close. Corporate Travel Managment Ltd (ASX:CTD) declined 3.87% or 0.700 points to end at 17.370 and Boral Ltd. (ASX:BLD) was down 2.95% or 0.130 points to 4.270.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 763 to 478 and 355 ended unchanged.

Shares in Austal Ltd (ASX:ASB) rose to all time highs; up 14.36% or 0.530 to 4.220. Shares in Corporate Travel Managment Ltd (ASX:CTD) fell to 52-week lows; losing 3.87% or 0.700 to 17.370.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.92% to 14.352.

Gold Futures for December delivery was up 0.09% or 1.35 to $1538.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.78% or 0.44 to hit $56.27 a barrel, while the November Brent oil contract fell 0.43% or 0.26 to trade at $60.23 a barrel.

AUD/USD was down 0.18% to 0.6712, while AUD/JPY fell 0.29% to 71.41.

The US Dollar Index Futures was up 0.05% at 98.500.

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