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Australia shares higher at close of trade; S&P/ASX 200 up 0.48%

Published 2019-02-04, 01:00 a/m
Updated 2019-02-04, 01:00 a/m
© Reuters.  Australia shares higher at close of trade; S&P/ASX 200 up 0.48%

© Reuters. Australia shares higher at close of trade; S&P/ASX 200 up 0.48%

Investing.com – Australia equities were higher at the close on Monday, as gains in the Utilities, Energy and Telecoms Services sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.48%.

The biggest gainers of the session on the S&P/ASX 200 were Western Areas Ltd (AX:WSA), which rose 5.70% or 0.130 points to trade at 2.410 at the close. Steadfast Group Ltd (AX:SDF) added 4.82% or 0.120 points to end at 2.610 and Syrah Resources Ltd (AX:SYR) was up 4.17% or 0.060 points to 1.500 in late trade.

Biggest losers included Boral Ltd. (AX:BLD), which lost 8.30% or 0.410 points to trade at 4.530 in late trade. Ioof Holdings Ltd (AX:IFL) declined 4.50% or 0.230 points to end at 4.880 and Domain Holdings Australia Ltd (AX:DHG) shed 2.93% or 0.070 points to 2.320.

Advancing stocks outnumbered falling ones by 595 to 539 and 320 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 2.31% to 13.483.

In commodities trading, Gold Futures for April delivery was down 0.37% or 4.95 to $1317.15 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.24% or 0.13 to hit $55.13 a barrel, while the April Brent oil contract fell 0.06% or 0.04 to trade at $62.71 a barrel.

AUD/USD was down 0.20% to 0.7235, while AUD/JPY rose 0.13% to 79.39.

The US Dollar Index Futures was up 0.14% at 95.433.

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