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Australia shares higher at close of trade; S&P/ASX 200 up 0.31%

Published 23/04/2018, 07:00
Updated 23/04/2018, 07:05
© Reuters.  Australia shares higher at close of trade; S&P/ASX 200 up 0.31%

© Reuters. Australia shares higher at close of trade; S&P/ASX 200 up 0.31%

Investing.com – Australia equities were higher at the close on Monday, as gains in the Gold, Metals & Mining and Financials sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.31% to hit a new 1-month high.

The biggest gainers of the session on the S&P/ASX 200 were Bendigo And Adelaide Bank Ltd (AX:BEN), which rose 5.25% or 0.520 points to trade at 10.430 at the close. Bega Cheese Ltd (AX:BGA) added 3.40% or 0.230 points to end at 7.000 and Genworth Mortgage Insurance Australia Ltd (AX:GMA) was up 3.06% or 0.070 points to 2.360 in late trade.

Biggest losers included Australian Pharma Industries Ltd (AX:API), which lost 6.34% or 0.090 points to trade at 1.330 in late trade. G8 Education Ltd (AX:GEM) declined 4.11% or 0.095 points to end at 2.215 and Nanosonics Ltd (AX:NAN) shed 3.88% or 0.095 points to 2.355.

Declining stocks outnumbered rising ones by 675 to 549 and 397 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 up 6.35% to 11.753.

In commodities trading, Gold Futures for June delivery was down 0.19% or 2.60 to $1335.70 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.10% or 0.07 to hit $68.33 a barrel, while the June Brent oil contract fell 0.04% or 0.03 to trade at $74.03 a barrel.

AUD/USD was unchanged 0.00% to 0.7672, while AUD/JPY rose 0.15% to 82.72.

The US Dollar Index Futures was up 0.10% at 90.17.

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