Australia shares higher at close of trade; S&P/ASX 200 up 0.35%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.35%
Credit: © Reuters.

Investing.com – Australia equities were higher at the close on Wednesday, as gains in the IT , Telecoms Services and Consumer Staples sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.35% to hit a new 1-month high.

The biggest gainers of the session on the S&P/ASX 200 were Ausdrill Ltd (AX: ASL ), which rose 8.51% or 0.100 points to trade at 1.275 at the close. Bingo Industries Ltd (AX: BIN ) added 7.39% or 0.150 points to end at 2.180 and Invocare Ltd (AX: IVC ) was up 4.86% or 0.520 points to 11.220 in late trade.

Biggest losers included Iluka Resources Ltd (AX: ILU ), which lost 4.77% or 0.370 points to trade at 7.390 in late trade. Alumina Ltd (AX: AWC ) declined 3.38% or 0.080 points to end at 2.290 and Lynas Corporation Ltd (AX: LYC ) shed 3.24% or 0.055 points to 1.645.

Advancing stocks outnumbered falling ones by 613 to 465 and 339 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 5.97% to 13.431 a new 3-month low.

In commodities trading, Gold Futures for February delivery was up 0.24% or 3.05 to $1291.45 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.10% or 0.05 to hit $52.16 a barrel, while the March Brent oil contract rose 0.13% or 0.08 to trade at $60.72 a barrel.

AUD/USD was up 0.09% to 0.7207, while AUD/JPY fell 0.09% to 78.18.

The US Dollar Index Futures was down 0.14% at 95.540.

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