Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Telecoms Services, Consumer Discretionary and Financials sectors led shares higher.
At the close in Australia, the S&P/ASX 200 gained 1.94%.
The best performers of the session on the S&P/ASX 200 were Qantas Airways Ltd (ASX:QAN), which rose 7.86% or 0.250 points to trade at 3.430 at the close. Meanwhile, Myer Holdings Ltd (ASX:MYR) added 6.15% or 0.075 points to end at 1.295 and Orora Fpo (ASX:ORA) was up 5.83% or 0.120 points to 2.180 in late trade.
The worst performers of the session were Arrium Ltd (ASX:ARI), which fell 3.70% or 0.005 points to trade at 0.130 at the close. Ioof Holdings Ltd (ASX:IFL) declined 3.27% or 0.290 points to end at 8.570 and Western Areas Ltd (ASX:WSA) was down 2.86% or 0.090 points to 3.060.
Rising stocks outnumbered declining ones on the Australia Stock Exchange by 598 to 377 and 158 ended unchanged.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 11.01% to 17.797.
Gold for August delivery was up 0.10% or 1.20 to $1167.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.10% or 0.06 to hit $52.95 a barrel, while the August Brent oil contract fell 0.22% or 0.12 to trade at $57.03 a barrel.
AUD/USD was down 0.19% to 0.7485, while AUD/JPY fell 0.09% to 91.84.
The US Dollar Index was up 0.22% at 96.64.