Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Materials, Metals & Mining and IT sectors led shares higher.
At the close in Australia, the S&P/ASX 200 added 0.88%.
The best performers of the session on the S&P/ASX 200 were CSR Ltd (ASX:CSR), which rose 7.73% or 0.290 points to trade at 4.040 at the close. Meanwhile, Sundance Energy Australia Ltd (ASX:SEA) added 7.32% or 0.045 points to end at 0.660 and Qantas Airways Ltd (ASX:QAN) was up 7.23% or 0.240 points to 3.560 in late trade.
The worst performers of the session were Transpacific Industries Group Ltd (ASX:TPI), which fell 9.62% or 0.075 points to trade at 0.705 at the close. Orora Fpo (ASX:ORA) declined 2.33% or 0.050 points to end at 2.100 and Magellan Financial Group Ltd (ASX:MFG) was down 2.11% or 0.390 points to 18.080.
Rising stocks outnumbered declining ones on the Australia Stock Exchange by 525 to 458 and 174 ended unchanged.
Shares in Transpacific Industries Group Ltd (ASX:TPI) fell to 52-week lows; losing 9.62% or 0.075 to 0.705. Shares in Qantas Airways Ltd (ASX:QAN) rose to 5-year highs; up 7.23% or 0.240 to 3.560.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 7.95% to 17.912.
Gold for June delivery was down 0.03% or 0.40 to $1182.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.14% or 0.09 to hit $59.16 a barrel, while the July Brent oil contract fell 0.24% or 0.15 to trade at $65.47 a barrel.
AUD/USD was up 0.58% to 0.7937, while AUD/JPY rose 0.61% to 95.32.
The US Dollar Index was down 0.19% at 94.93.