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Australia shares higher at close of trade; S&P/ASX 200 up 0.05%

Published 08/05/2018, 07:00
Updated 08/05/2018, 07:05
© Reuters.  Australia shares higher at close of trade; S&P/ASX 200 up 0.05%

Investing.com – Australia equities were higher at the close on Tuesday, as gains in the Healthcare, Financials and Utilities sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.05%.

The biggest gainers of the session on the S&P/ASX 200 were Platinum Asset Management Ltd (AX:PTM), which rose 8.75% or 0.490 points to trade at 6.090 at the close. IPH Ltd (AX:IPH) added 6.87% or 0.265 points to end at 4.125 and G8 Education Ltd (AX:GEM) was up 4.85% or 0.115 points to 2.485 in late trade.

Biggest losers included Eclipx Group Ltd (AX:ECX), which lost 6.25% or 0.210 points to trade at 3.150 in late trade. Aurizon Holdings Ltd (AX:AZJ) declined 3.71% or 0.170 points to end at 4.410 and GWA Group Ltd (AX:GWA) shed 3.70% or 0.140 points to 3.640.

Declining stocks outnumbered rising ones by 647 to 597 and 401 ended unchanged on the Sydney Stock Exchange.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.15% to 11.622.

In commodities trading, Gold Futures for June delivery was down 0.08% or 1.00 to $1313.10 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.92% or 0.65 to hit $70.08 a barrel, while the July Brent oil contract fell 0.75% or 0.57 to trade at $75.60 a barrel.

AUD/USD was down 0.07% to 0.7510, while AUD/JPY fell 0.17% to 81.88.

The US Dollar Index Futures was up 0.02% at 92.63.

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