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Australia stocks higher at close of trade

Published 03/05/2015, 01:00 AM
Updated 03/05/2015, 01:00 AM
© Reuters.  Australia stocks higher at close of trade

Investing.com – Australia stocks were higher after the close on Thursday, as gains in the Consumer Staples, Information Technology and Gold sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.04%.

The best performers of the session on the S&P/ASX 200 were Horizon Oil Ltd (ASX:HZN), which rose 7.69% or 0.010 points to trade at 0.140 at the close. Meanwhile, Pact Group Holdings Ltd (ASX:PGH) added 6.81% or 0.28 points to end at 4.39 and Sirius Resources NL (ASX:SIR) was up 6.55% or 0.180 points to 2.930 in late trade.

The worst performers of the session were CSR Ltd (ASX:CSR), which fell 6.92% or 0.290 points to trade at 3.900 at the close. Iluka Resources Ltd (ASX:ILU) declined 4.72% or 0.400 points to end at 8.070 and Arrium Ltd (ASX:ARI) was down 4.65% or 0.010 points to 0.205.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 308 to 267 and 36 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 3.58% to 13.441 a new 1-month low.

Gold for April delivery was up 0.22% or 2.60 to $1203.50 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April rose 0.46% or 0.23 to hit $51.77 a barrel, while the April Brent Oil contract rose 0.47% or 0.28 to trade at $60.62 a barrel.

AUD/USD was unchanged 0.00% to 0.7818, while AUD/JPY rose 0.10% to 93.68.

The US Dollar Index was up 0.16% at 96.13.

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