Australia shares higher at close of trade; S&P/ASX 200 up 0.70%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.70%
Credit: © Reuters. – Australia equities were higher at the close on Monday, as gains in the IT , Metals & Mining and Materials sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.70% to hit a new 1-month high.

The biggest gainers of the session on the S&P/ASX 200 were Aconex Ltd (AX: ACX ), which rose 44.23% or 2.340 points to trade at 7.630 at the close. Pilbara Minerals Ltd (AX: PLS ) added 12.20% or 0.125 points to end at 1.150 and Mayne Pharma Group Ltd (AX: MYX ) was up 8.33% or 0.055 points to 0.715 in late trade.

Biggest losers included Retail Food Group Ltd (AX: RFG ), which lost 7.02% or 0.200 points to trade at 2.650 in late trade. Aurizon Holdings Ltd (AX: AZJ ) declined 5.91% or 0.320 points to end at 5.090 and Estia Health Ltd (AX: EHE ) shed 2.33% or 0.090 points to 3.770.

Advancing stocks outnumbered falling ones by 695 to 548 and 357 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 up 0.52% to 11.073.

In commodities trading, Gold Futures for February delivery was up 0.03% or 0.40 to $1257.90 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.14% or 0.08 to hit $57.41 a barrel, while the February Brent oil contract rose 0.24% or 0.15 to trade at $63.38 a barrel.

AUD/USD was up 0.13% to 0.7657, while AUD/JPY rose 0.20% to 86.26.

The US Dollar Index Futures was down 0.05% at 93.42.

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