Australia shares higher at close of trade; S&P/ASX 200 up 0.43%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.43%
Credit: © Reuters. – Australia equities were higher at the close on Wednesday, as gains in the Metals & Mining , Resources and Materials sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.43%.

The biggest gainers of the session on the S&P/ASX 200 were Independence Group NL (AX: IGO ), which rose 5.65% or 0.240 points to trade at 4.490 at the close. Sandfire Resources NL (AX: SFR ) added 5.42% or 0.360 points to end at 7.000 and Fortescue Metals Group Ltd (AX: FMG ) was up 5.25% or 0.190 points to 3.810 in late trade.

Biggest losers included TPG Telecom Ltd (AX: TPM ), which lost 5.16% or 0.450 points to trade at 8.270 in late trade. Estia Health Ltd (AX: EHE ) declined 3.64% or 0.090 points to end at 2.380 and Infigen Energy (AX: IFN ) shed 2.61% or 0.015 points to 0.560.

Advancing stocks outnumbered falling ones by 657 to 509 and 382 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 7.12% to 12.070.

In commodities trading, Gold Futures for December delivery was up 0.47% or 5.70 to $1208.60 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.10% or 0.07 to hit $69.66 a barrel, while the November Brent oil contract rose 0.04% or 0.03 to trade at $79.06 a barrel.

AUD/USD was up 0.42% to 0.7248, while AUD/JPY rose 0.36% to 81.38.

The US Dollar Index Futures was down 0.14% at 94.09.

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