Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Materials, Consumer Discretionary and Metals & Mining sectors led shares higher.
At the close in Australia, the S&P/ASX 200 gained 0.49% to hit a new 1-month high.
The best performers of the session on the S&P/ASX 200 were South32 Ltd (AX:S32), which rose 6.08% or 0.113 points to trade at 1.962 at the close. Meanwhile, ANZ Banking Group (AX:ANZ) added 4.97% or 1.150 points to end at 24.270 and Automotive Group Holdings Ltd (AX:AHG) was up 4.26% or 0.170 points to 4.160 in late trade.
The worst performers of the session were Evolution Mining Ltd (AX:EVN), which fell 3.43% or 0.105 points to trade at 2.955 at the close. Altium Ltd (AX:ALU) declined 3.13% or 0.220 points to end at 6.820 and Covermore Fpo (AX:CVO) was down 2.69% or 0.035 points to 1.265.
Rising stocks outnumbered declining ones on the Australia Stock Exchange by 622 to 450 and 349 ended unchanged.
Shares in South32 Ltd (AX:S32) rose to 52-week highs; gaining 6.08% or 0.113 to 1.962.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.10% to 16.688.
Gold for August delivery was up 0.00% or 0.05 to $1356.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.18% or 0.08 to hit $44.84 a barrel, while the September Brent oil contract rose 0.28% or 0.13 to trade at $46.38 a barrel.
AUD/USD was up 0.70% to 0.7587, while AUD/JPY rose 0.96% to 78.19.
The US Dollar Index was down 0.21% at 96.38.