Australia shares higher at close of trade; S&P/ASX 200 up 0.09%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.09%
Credit: © Reuters. – Australia equities were higher at the close on Tuesday, as gains in the Metals & Mining , Resources and Materials sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.09% to hit a new 5-year high.

The biggest gainers of the session on the S&P/ASX 200 were Sims Metal Management Ltd (AX: SGM ), which rose 3.38% or 0.570 points to trade at 17.420 at the close. Galaxy Resources Ltd (AX: GXY ) added 3.04% or 0.130 points to end at 4.400 and Pilbara Minerals Ltd (AX: PLS ) was up 2.95% or 0.035 points to 1.220 in late trade.

Biggest losers included Sigma Pharmaceuticals Ltd (AX: SIG ), which lost 6.09% or 0.060 points to trade at 0.925 in late trade. Retail Food Group Ltd (AX: RFG ) declined 6.07% or 0.150 points to end at 2.320 and Australian Pharma Industries Ltd (AX: API ) shed 5.18% or 0.085 points to 1.555.

Declining stocks outnumbered rising ones by 674 to 551 and 403 ended unchanged on the Sydney Stock Exchange.

The S&P/ASX 200 VIX , which measures the implied volatility of S&P/ASX 200 options, was down 3.65% to 9.467.

In commodities trading, Gold Futures for February delivery was down 0.02% or 0.30 to $1320.10 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.71% or 0.44 to hit $62.17 a barrel, while the March Brent oil contract rose 0.56% or 0.38 to trade at $68.16 a barrel.

AUD/USD was up 0.15% to 0.7855, while AUD/JPY fell 0.26% to 88.47.

The US Dollar Index Futures was down 0.07% at 92.02.

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