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Australia shares higher at close of trade; S&P/ASX 200 up 0.62%
Published May 02, 2018 02:00
Updated May 02, 2018 02:05
© Reuters. Australia shares higher at close of trade; S&P/ASX 200 up 0.62%
Investing.com – Australia equities were higher at the close on Wednesday, as gains in the Industrials, IT and Consumer Discretionary sectors propelled shares higher.
At the close in Sydney, the S&P/ASX 200 gained 0.62% to hit a new 1-month high.
The biggest gainers of the session on the S&P/ASX 200 were Qantas Airways Ltd (AX:QAN), which rose 8.10% or 0.47 points to trade at 6.27 at the close. Mineral Resources Ltd (AX:MIN) added 7.05% or 1.300 points to end at 19.740 and ARB Corporation Ltd (AX:ARB) was up 6.35% or 1.320 points to 22.100 in late trade.
Biggest losers included Gateway Lifestyle Group (AX:GTY), which lost 9.49% or 0.188 points to trade at 1.788 in late trade. JB Hi-Fi Ltd (AX:JBH) declined 8.64% or 2.210 points to end at 23.360 and Invocare Ltd (AX:IVC) shed 7.11% or 0.930 points to 12.150.
Advancing stocks outnumbered falling ones by 691 to 555 and 405 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 6.74% to 11.333.
In commodities trading, Gold Futures for June delivery was up 0.14% or 1.80 to $1308.60 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.49% or 0.33 to hit $67.58 a barrel, while the July Brent oil contract rose 0.14% or 0.10 to trade at $73.23 a barrel.
AUD/USD was up 0.11% to 0.7499, while AUD/JPY rose 0.09% to 82.37.
The US Dollar Index Futures was unchanged 0.00% at 92.28.
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