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Australia stocks higher at close of trade; S&P/ASX 200 up 2.44%

Published 06/09/2020, 02:45 AM
Updated 06/09/2020, 02:45 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 2.44%

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Financials, Energy and A-REITs sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 2.44% to hit a new 3-months high.

The best performers of the session on the S&P/ASX 200 were Virgin Money UK PLC (ASX:VUK), which rose 16.40% or 0.31 points to trade at 2.20 at the close. Meanwhile, Credit Corp Group Ltd (ASX:CCP) added 15.69% or 2.84 points to end at 20.94 and Worleyparsons Ltd (ASX:WOR) was up 14.62% or 1.36 points to 10.66 in late trade.

The worst performers of the session were Gold Road Resources Ltd (ASX:GOR), which fell 9.35% or 0.145 points to trade at 1.405 at the close. GWA Group Ltd (ASX:GWA) declined 6.95% or 0.23 points to end at 3.08 and Saracen Mineral Holdings Ltd (ASX:SAR) was down 6.61% or 0.30 points to 4.24.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 822 to 496 and 347 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 4.65% to 21.743.

Gold Futures for August delivery was down 0.29% or 4.90 to $1700.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.86% or 0.33 to hit $38.52 a barrel, while the August Brent oil contract rose 0.54% or 0.22 to trade at $41.02 a barrel.

AUD/USD was down 0.77% to 0.6965, while AUD/JPY fell 1.25% to 75.15.

The US Dollar Index Futures was up 0.17% at 96.773.

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