Australia shares higher at close of trade; S&P/ASX 200 up 0.62%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.62%
Credit: © Reuters. – Australia equities were higher at the close on Tuesday, as gains in the Financials , Metals & Mining and Materials sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.62%.

The biggest gainers of the session on the S&P/ASX 200 were Galaxy Resources Ltd (AX: GXY ), which rose 10.13% or 0.240 points to trade at 2.610 at the close. Tabcorp Holdings Ltd (AX: TAH ) added 4.33% or 0.180 points to end at 4.340 and South32 Ltd (AX: S32 ) was up 3.72% or 0.115 points to 3.205 in late trade.

Biggest losers included Saracen Mineral Holdings Ltd (AX: SAR ), which lost 5.14% or 0.073 points to trade at 1.337 in late trade. Regis Resources Ltd (AX: RRL ) declined 4.56% or 0.190 points to end at 3.980 and Resolute Mining Ltd (AX: RSG ) shed 3.85% or 0.048 points to 1.188.

Advancing stocks outnumbered falling ones by 615 to 557 and 374 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 2.07% to 12.320.

In commodities trading, Gold Futures for December delivery was down 0.48% or 6.39 to $1329.31 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.19% or 0.09 to hit $47.98 a barrel, while the November Brent oil contract fell 0.20% or 0.11 to trade at $53.73 a barrel.

AUD/USD was unchanged 0.00% to 0.8027, while AUD/JPY fell 0.08% to 87.76.

The US Dollar Index Futures was down 0.10% at 91.83.

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