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Australia shares higher at close of trade; S&P/ASX 200 up 0.29%

Published 2018-05-16, 02:00 a/m
© Reuters.  Australia shares higher at close of trade; S&P/ASX 200 up 0.29%
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Investing.com – Australia equities were higher at the close on Wednesday, as gains in the Energy, Resources and Consumer Discretionary sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.29%.

The biggest gainers of the session on the S&P/ASX 200 were Whitehaven Coal Ltd (AX:WHC), which rose 7.11% or 0.355 points to trade at 5.345 at the close. Invocare Ltd (AX:IVC) added 4.93% or 0.585 points to end at 12.445 and Domino'S Pizza Enterprises Ltd (AX:DMP) was up 4.42% or 1.880 points to 44.450 in late trade.

Biggest losers included A2 Milk Company Ltd (AX:A2M), which lost 13.77% or 1.670 points to trade at 10.460 in late trade. Bellamys Australia Ltd (AX:BAL) declined 9.94% or 1.910 points to end at 17.300 and Vocus Group Ltd (AX:VOC) shed 5.98% or 0.155 points to 2.435.

Declining stocks outnumbered rising ones by 616 to 598 and 393 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 4.07% to 11.180.

In commodities trading, Gold Futures for June delivery was up 0.31% or 4.00 to $1294.30 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.20% or 0.14 to hit $71.17 a barrel, while the July Brent oil contract fell 0.22% or 0.17 to trade at $78.26 a barrel.

AUD/USD was up 0.17% to 0.7486, while AUD/JPY rose 0.13% to 82.53.

The US Dollar Index Futures was down 0.05% at 93.09.

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