Australia shares higher at close of trade; S&P/ASX 200 up 0.75%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.75%
Credit: © Reuters. – Australia equities were higher at the close on Wednesday, as gains in the Resources , Consumer Discretionary and Energy sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.75%.

The biggest gainers of the session on the S&P/ASX 200 were Galaxy Resources Ltd (AX: GXY ), which rose 11.46% or 0.330 points to trade at 3.210 at the close. Mineral Resources Ltd (AX: MIN ) added 8.43% or 1.420 points to end at 18.270 and Pilbara Minerals Ltd (AX: PLS ) was up 6.25% or 0.050 points to 0.850 in late trade.

Biggest losers included Seven West Media Ltd (AX: SWM ), which lost 3.85% or 0.020 points to trade at 0.500 in late trade. Evolution Mining Ltd (AX: EVN ) declined 3.18% or 0.090 points to end at 2.740 and St Barbara Ltd (AX: SBM ) shed 2.70% or 0.100 points to 3.600.

Advancing stocks outnumbered falling ones by 1098 to 272 and 278 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 16.27% to 18.557.

In commodities trading, Gold Futures for April delivery was up 0.20% or 2.70 to $1332.20 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.82% or 0.52 to hit $63.91 a barrel, while the April Brent oil contract rose 0.75% or 0.50 to trade at $67.36 a barrel.

AUD/USD was down 0.33% to 0.7879, while AUD/JPY fell 0.64% to 86.06.

The US Dollar Index Futures was down 0.07% at 89.46.

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