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Australia stocks higher at close of trade; S&P/ASX 200 up 0.29%

Published 08/09/2016, 02:00 AM
Updated 08/09/2016, 02:00 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 0.29%

© Reuters. Australia stocks higher at close of trade; S&P/ASX 200 up 0.29%

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Financials, Energy and Telecoms Services sectors led shares higher.

At the close in Australia, the S&P/ASX 200 added 0.29%.

The best performers of the session on the S&P/ASX 200 were Mesoblast Ltd (AX:MSB), which rose 5.29% or 0.060 points to trade at 1.195 at the close. Meanwhile, Bendigo And Adelaide Bank Ltd (AX:BEN) added 3.65% or 0.370 points to end at 10.520 and ANZ Banking Group (AX:ANZ) was up 2.84% or 0.730 points to 26.430 in late trade.

The worst performers of the session were Ioof Holdings Ltd (AX:IFL), which fell 7.36% or 0.685 points to trade at 8.625 at the close. Programmed Maintenance Services Ltd (AX:PRG) declined 3.71% or 0.075 points to end at 1.945 and Cochlear Ltd (AX:COH) was down 3.41% or 4.390 points to 124.200.

Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 615 to 464 and 331 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 8.12% to 12.720 a new 52-week low.

Gold for December delivery was down 0.26% or 3.45 to $1337.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.84% or 0.36 to hit $42.66 a barrel, while the October Brent oil contract fell 0.90% or 0.41 to trade at $44.98 a barrel.

AUD/USD was down 0.26% to 0.7631, while AUD/JPY fell 0.28% to 78.16.

The US Dollar Index was up 0.14% at 96.42.

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