Investing.com – Australia stocks were higher after the close on Monday, as gains in the Metals & Mining, Resources and Materials sectors led shares higher.
At the close in Australia, the S&P/ASX 200 rose 0.83% to hit a new 3-years high.
The best performers of the session on the S&P/ASX 200 were Fortescue Metals Group Ltd (ASX:FMG), which rose 16.29% or 0.360 points to trade at 2.570 at the close. Meanwhile, Iinet Ltd (ASX:IIN) added 13.16% or 1.140 points to end at 9.800 and Sirius Resources NL (ASX:SIR) was up 8.71% or 0.230 points to 2.870 in late trade.
The worst performers of the session were Northern Star Resources Ltd (ASX:NST), which fell 6.28% or 0.140 points to trade at 2.090 at the close. TPG Telecom Ltd (ASX:TPM) declined 6.15% or 0.590 points to end at 9.010 and M2 Telecommunications Group Ltd (ASX:MTU) was down 5.38% or 0.620 points to 10.900.
Rising stocks outnumbered declining ones on the Australia Stock Exchange by 566 to 422 and 183 ended unchanged.
Shares in Iinet Ltd (ASX:IIN) rose to all time highs; gaining 13.16% or 1.140 to 9.800.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.33% to 14.406.
Gold for June delivery was up 0.43% or 5.10 to $1180.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.44% or 0.25 to hit $56.90 a barrel, while the June Brent oil contract fell 0.13% or 0.09 to trade at $65.19 a barrel.
AUD/USD was down 0.30% to 0.7798, while AUD/JPY fell 0.10% to 92.98.
The US Dollar Index was up 0.20% at 97.27.