👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Australia shares higher at close of trade; S&P/ASX 200 up 0.35%

Published 2018-05-07, 02:00 a/m
© Reuters.  Australia shares higher at close of trade; S&P/ASX 200 up 0.35%
AXJO
-
BSL
-
ORI
-
LYC
-
PTM
-
SWM
-
PDL
-
AXMM
-
AXMJ
-
AXJR
-
AXVI
-

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

At the close in Sydney, the S&P/ASX 200 gained 0.35%.

The biggest gainers of the session on the S&P/ASX 200 were Lynas Corporation Ltd (AX:LYC), which rose 3.62% or 0.100 points to trade at 2.860 at the close. Bluescope Steel Ltd (AX:BSL) added 2.99% or 0.510 points to end at 17.540 and Seven West Media Ltd (AX:SWM) was up 2.86% or 0.020 points to 0.720 in late trade.

Biggest losers included Orica Ltd (AX:ORI), which lost 6.60% or 1.340 points to trade at 18.950 in late trade. BT Investment Management Ltd (AX:PDL) declined 4.86% or 0.470 points to end at 9.210 and Platinum Asset Management Ltd (AX:PTM) shed 4.79% or 0.280 points to 5.560.

Advancing stocks outnumbered falling ones by 642 to 539 and 388 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 0.63% to 11.732.

In commodities trading, Gold Futures for June delivery was up 0.05% or 0.70 to $1315.40 a troy ounce. Meanwhile, Crude oil for delivery in June rose 1.19% or 0.83 to hit $70.55 a barrel, while the July Brent oil contract rose 1.19% or 0.89 to trade at $75.76 a barrel.

AUD/USD was down 0.24% to 0.7520, while AUD/JPY fell 0.19% to 82.10.

The US Dollar Index Futures was up 0.04% at 92.46.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.