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Australia stocks higher at close of trade; S&P/ASX 200 up 1.10%

Published 03/10/2022, 02:45 AM
Updated 03/10/2022, 02:45 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 1.10%

© Reuters. Australia stocks higher at close of trade; S&P/ASX 200 up 1.10%

Investing.com – Australia stocks were higher after the close on Thursday, as gains in the IT, Consumer Discretionary and Financials sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 1.10%.

The best performers of the session on the S&P/ASX 200 were Flight Centre Ltd (ASX:FLT), which rose 6.61% or 1.17 points to trade at 18.87 at the close. Meanwhile, Webjet Ltd (ASX:WEB) added 5.83% or 0.31 points to end at 5.63 and Qantas Airways Ltd (ASX:QAN) was up 5.79% or 0.27 points to 4.93 in late trade.

The worst performers of the session were Nickel Mines Ltd (ASX:NIC), which fell 13.17% or 0.19 points to trade at 1.22 at the close. Rio Tinto Ltd (ASX:RIO) declined 7.73% or 9.27 points to end at 110.61 and Beach Energy Ltd (ASX:BPT) was down 5.90% or 0.10 points to 1.60.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 857 to 547 and 380 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.91% to 17.12.

Gold Futures for April delivery was down 0.14% or 2.70 to $1,985.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.37% or 2.58 to hit $111.28 a barrel, while the May Brent oil contract rose 3.51% or 3.90 to trade at $115.04 a barrel.

AUD/USD was unchanged 0.25% to 0.73, while AUD/JPY rose 0.36% to 85.11.

The US Dollar Index Futures was up 0.06% at 98.01.

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