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Australia shares higher at close of trade; S&P/ASX 200 up 0.56%

Published 16/10/2018, 07:00
Updated 16/10/2018, 07:00
© Reuters.  Australia shares higher at close of trade; S&P/ASX 200 up 0.56%

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

At the close in Sydney, the S&P/ASX 200 added 0.56%.

The biggest gainers of the session on the S&P/ASX 200 were Washington H Soul Pattinson&Co Ltd (AX:SOL), which rose 5.47% or 1.430 points to trade at 27.560 at the close. Saracen Mineral Holdings Ltd (AX:SAR) added 5.19% or 0.110 points to end at 2.230 and Elders Ltd (AX:ELD) was up 5.19% or 0.360 points to 7.290 in late trade.

Biggest losers included IPH Ltd (AX:IPH), which lost 2.96% or 0.170 points to trade at 5.570 in late trade. Syrah Resources Ltd (AX:SYR) declined 2.80% or 0.050 points to end at 1.735 and Sigma Pharmaceuticals Ltd (AX:SIG) shed 2.68% or 0.015 points to 0.545.

Advancing stocks outnumbered falling ones by 644 to 523 and 339 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 11.05% to 17.979.

In commodities trading, Gold Futures for December delivery was down 0.11% or 1.30 to $1229.00 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.11% or 0.08 to hit $71.86 a barrel, while the December Brent oil contract rose 0.31% or 0.25 to trade at $81.03 a barrel.

AUD/USD was down 0.11% to 0.7122, while AUD/JPY rose 0.19% to 79.84.

The US Dollar Index Futures was up 0.11% at 94.87.

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