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Australia stocks higher at close of trade; S&P/ASX 200 up 0.24%

Published 10/21/2015, 03:00 AM
Updated 10/21/2015, 03:00 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 0.24%

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

At the close in Australia, the S&P/ASX 200 rose 0.24%.

The best performers of the session on the S&P/ASX 200 were Paladin Energy Ltd (AX:PDN), which rose 9.30% or 0.020 points to trade at 0.235 at the close. Meanwhile, Evolution Mining Ltd (AX:EVN) added 8.33% or 0.125 points to end at 1.625 and Northern Star Resources Ltd (AX:NST) was up 7.59% or 0.220 points to 3.120 in late trade.

The worst performers of the session were Sky Network Television Ltd. (AX:SKT), which fell 11.61% or 0.570 points to trade at 4.340 at the close. AWE Ltd (AX:AWE) declined 4.05% or 0.030 points to end at 0.710 and ARB Corporation Ltd (AX:ARB) was down 3.91% or 0.530 points to 13.010.

Rising stocks outnumbered declining ones on the Australia Stock Exchange by 529 to 470 and 132 ended unchanged.

Shares in Evolution Mining Ltd (AX:EVN) rose to 52-week highs; gaining 8.33% or 0.125 to 1.625.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.08% to 18.270 a new 1-month low.

Gold for December delivery was down 0.32% or 3.80 to $1173.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.04% or 0.48 to hit $45.81 a barrel, while the December Brent oil contract fell 0.71% or 0.34 to trade at $48.37 a barrel.

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AUD/USD was down 0.52% to 0.7222, while AUD/JPY fell 0.53% to 86.56.

The US Dollar Index was up 0.02% at 94.91.

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