Investing.com – Australia stocks were higher after the close on Monday, as gains in the IT, Telecoms Services and Consumer Discretionary sectors led shares higher.
At the close in Sydney, the S&P/ASX 200 gained 0.36%.
The best performers of the session on the S&P/ASX 200 were Sims Metal Management Ltd (AX:SGM), which rose 4.77% or 0.735 points to trade at 16.155 at the close. Meanwhile, Tassal Group Ltd (AX:TGR) added 3.53% or 0.130 points to end at 3.810 and Qbe Insurance Group Ltd (AX:QBE) was up 3.01% or 0.360 points to 12.310 in late trade.
The worst performers of the session were South32 Ltd (AX:S32), which fell 3.38% or 0.095 points to trade at 2.715 at the close. Mantra Group Ltd (AX:MTR) declined 2.46% or 0.075 points to end at 2.975 and Vocus Group Ltd (AX:VOC) was down 2.27% or 0.080 points to 3.450.
Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 618 to 470 and 357 ended unchanged.
Shares in Sims Metal Management Ltd (AX:SGM) rose to 5-year highs; gaining 4.77% or 0.735 to 16.155.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 6.79% to 14.337.
Gold Futures for August delivery was up 0.06% or 0.77 to $1210.47 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.57% or 0.25 to hit $44.48 a barrel, while the September Brent oil contract rose 0.56% or 0.26 to trade at $46.97 a barrel.
AUD/USD was up 0.08% to 0.7608, while AUD/JPY rose 0.29% to 86.84.
The US Dollar Index Futures was down 0.03% at 95.75.