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Australia stocks higher at close of trade

Published 01/27/2015, 01:00 AM
Updated 01/27/2015, 01:00 AM
© Reuters.  Australia stocks higher at close of trade

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Information Technology, Consumer Discretionary and Health Care sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.82% to hit a new 1-month high.

The best performers of the session on the S&P/ASX 200 were Mount Gibson Iron Ltd (ASX:MGX), which rose 9.52% or 0.020 points to trade at 0.230 at the close. Meanwhile, Paladin Energy Ltd (ASX:PDN) added 9.23% or 0.030 points to end at 0.355 and Resmed Inc (ASX:RMD) was up 7.44% or 0.580 points to 8.380 in late trade.

The worst performers of the session were Lynas Corporation Ltd (ASX:LYC), which fell 19.35% or 0.012 points to trade at 0.050 at the close. Arrium Ltd (ASX:ARI) declined 9.76% or 0.020 points to end at 0.185 and Northern Star Resources Ltd (ASX:NST) was down 7.86% or 0.165 points to 1.935.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 307 to 274 and 43 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.68% to 14.319.

Gold for April delivery was down 0.08% or 1.00 to $1279.40 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March rose 0.09% or 0.04 to hit $45.19 a barrel, while the March Brent Oil contract rose 0.19% or 0.09 to trade at $48.23 a barrel.

AUD/USD was up 0.22% to 0.7942, while AUD/JPY rose 0.06% to 93.92.

The US Dollar Index was down 0.04% at 95.24.

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