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Australia stocks higher at close of trade

Published 02/24/2015, 01:00 AM
Updated 02/24/2015, 01:00 AM
Australia stocks higher at close of trade

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Metals & Mining, Materials and Resources sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.32% to hit a new 3-year high.

The best performers of the session on the S&P/ASX 200 were Flight Centre Ltd (ASX:FLT), which rose 12.06% or 4.25 points to trade at 39.50 at the close. Meanwhile, Mesoblast Ltd (ASX:MSB) added 11.66% or 0.470 points to end at 4.500 and Orora Fpo (ASX:ORA) was up 7.92% or 0.16 points to 2.18 in late trade.

The worst performers of the session were Mermaid Marine Australia Ltd (ASX:MRM), which fell 11.68% or 0.115 points to trade at 0.870 at the close. STW Communications Group Ltd (ASX:SGN) declined 8.67% or 0.065 points to end at 0.685 and Village Roadshow Ltd (ASX:VRL) was down 7.99% or 0.510 points to 5.870.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 331 to 268 and 39 ended unchanged.

Shares in STW Communications Group Ltd (ASX:SGN) fell to 5-year lows; falling 8.67% or 0.065 to 0.685.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 7.42% to 13.948 a new 1-month low.

Gold for April delivery was up 0.01% or 0.10 to $1200.90 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April fell 0.54% or 0.27 to hit $49.19 a barrel, while the April Brent Oil contract fell 0.09% or 0.06 to trade at $58.84 a barrel.

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AUD/USD was down 0.42% to 0.7770, while AUD/JPY fell 0.16% to 92.56.

The US Dollar Index was up 0.06% at 94.72.

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