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Australia stocks higher at close of trade; S&P/ASX 200 up 1.14%

Published 03/06/2018, 12:30 AM
Updated 03/06/2018, 03:35 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 1.14%

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Telecoms Services, Utilities and Energy sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 added 1.14%.

The best performers of the session on the S&P/ASX 200 were Lynas Corporation Ltd (AX:LYC), which rose 6.82% or 0.150 points to trade at 2.350 at the close. Meanwhile, Vocus Group Ltd (AX:VOC) added 6.19% or 0.140 points to end at 2.400 and Australian Pharma Industries Ltd (AX:API) was up 5.00% or 0.075 points to 1.575 in late trade.

The worst performers of the session were Retail Food Group Ltd (AX:RFG), which fell 11.97% or 0.155 points to trade at 1.140 at the close. Nufarm Ltd (AX:NUF) declined 2.45% or 0.200 points to end at 7.950 and Myer Holdings Ltd (AX:MYR) was down 2.17% or 0.010 points to 0.450.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 711 to 537 and 380 ended unchanged.

Shares in Retail Food Group Ltd (AX:RFG) fell to 5-year lows; losing 11.97% or 0.155 to 1.140.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 7.47% to 14.165.

Gold Futures for April delivery was up 0.28% or 3.70 to $1323.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.02% or 0.01 to hit $62.56 a barrel, while the May Brent oil contract fell 0.14% or 0.09 to trade at $65.45 a barrel.

AUD/USD was up 0.12% to 0.7772, while AUD/JPY fell 0.07% to 82.41.

The US Dollar Index Futures was down 0.03% at 89.93.

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