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 Gold , Metals & Mining and Resources sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.75% to hit a new 6-month high.

The biggest gainers of the session on the S&P/ASX 200 were Western Areas Ltd (AX: WSA ), which rose 6.79% or 0.150 points to trade at 2.360 at the close. Pilbara Minerals Ltd (AX: PLS ) added 5.71% or 0.040 points to end at 0.740 and Independence Group NL (AX: IGO ) was up 5.54% or 0.260 points to 4.950 in late trade.

Biggest losers included Ardent Leisure Ltd (AX: ALG ), which lost 3.43% or 0.055 points to trade at 1.550 in late trade. Automotive Group Holdings Ltd (AX: AHG ) declined 3.43% or 0.070 points to end at 1.970 and Perpetual Ltd (AX: PPT ) shed 2.84% or 1.180 points to 40.410.

Advancing stocks outnumbered falling ones by 613 to 505 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 4.95% to 11.681.

In commodities trading, Gold Futures for April delivery was up 0.35% or 4.55 to $1289.25 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.88% or 0.50 to hit $56.06 a barrel, while the May Brent oil contract fell 0.77% or 0.51 to trade at $65.35 a barrel.

AUD/USD was down 0.64% to 0.7036, while AUD/JPY fell 0.73% to 78.67.

The US Dollar Index Futures was up 0.07% at 96.863.

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