Australia shares higher at close of trade; S&P/ASX 200 up 0.16%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.16%
Credit: © Reuters.

Investing.com – Australia equities were higher at the close on Wednesday, as gains in the Consumer Discretionary , Energy and Industrials sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.16% to hit a new 5-year high.

The biggest gainers of the session on the S&P/ASX 200 were Bingo Industries Ltd (AX: BIN ), which rose 7.88% or 0.145 points to trade at 1.985 at the close. Lynas Corporation Ltd (AX: LYC ) added 7.52% or 0.170 points to end at 2.430 and Pilbara Minerals Ltd (AX: PLS ) was up 7.05% or 0.055 points to 0.835 in late trade.

Biggest losers included Fortescue Metals Group Ltd (AX: FMG ), which lost 7.78% or 0.700 points to trade at 8.300 in late trade. Ioof Holdings Ltd (AX: IFL ) declined 7.09% or 0.410 points to end at 5.370 and ALS Ltd (AX: ALQ ) shed 4.38% or 0.330 points to 7.210.

Advancing stocks outnumbered falling ones by 661 to 516 and 373 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 3.89% to 13.407.

In commodities trading, Gold Futures for June delivery was up 0.01% or 0.15 to $1273.35 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.97% or 0.61 to hit $62.52 a barrel, while the July Brent oil contract fell 0.57% or 0.41 to trade at $71.77 a barrel.

AUD/USD was down 0.06% to 0.6879, while AUD/JPY fell 0.07% to 76.00.

The US Dollar Index Futures was up 0.02% at 97.917.

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