Australia stocks higher at close of trade; S&P/ASX 200 up 1.51%

Australia stocks higher at close of trade; S&P/ASX 200 up 1.51%

Apr 29, 2020

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

At the close in Sydney, the S&P/ASX 200 added 1.51%.

The best performers of the session on the S&P/ASX 200 were Crown Ltd (ASX:CWN), which rose 11.05% or 0.950 points to trade at 9.550 at the close. Meanwhile, Corporate Travel Managment Ltd (ASX:CTD) added 10.50% or 1.05 points to end at 11.05 and Virgin Money UK PLC (ASX:VUK) was up 10.21% or 0.14 points to 1.56 in late trade.

The worst performers of the session were Avita Medical (ASX:AVH), which fell 5.43% or 0.025 points to trade at 0.435 at the close. Fisher&Paykel Healthcare Ltd (ASX:FPH) declined 4.45% or 1.21 points to end at 25.99 and Coles Group Ltd (ASX:COL) was down 4.44% or 0.72 points to 15.51.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 758 to 418 and 334 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.73% to 23.403 a new 1-month low.

Gold Futures for June delivery was up 0.05% or 0.90 to $1723.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 13.13% or 1.62 to hit $13.96 a barrel, while the July Brent oil contract rose 2.02% or 0.46 to trade at $23.20 a barrel.

AUD/USD was up 0.68% to 0.6534, while AUD/JPY rose 0.40% to 69.62.

The US Dollar Index Futures was down 0.15% at 99.785.

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