Australia shares higher at close of trade; S&P/ASX 200 up 1.39%

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Australia shares higher at close of trade; S&P/ASX 200 up 1.39%
Credit: © Reuters. – Australia equities were higher at the close on Wednesday, as gains in the IT , Energy and Financials sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 added 1.39%.

The biggest gainers of the session on the S&P/ASX 200 were Speedcast International Ltd (AX: SDA ), which rose 7.78% or 0.260 points to trade at 3.600 at the close. Mayne Pharma Group Ltd (AX: MYX ) added 6.15% or 0.055 points to end at 0.950 and Galaxy Resources Ltd (AX: GXY ) was up 5.83% or 0.140 points to 2.540 in late trade.

Biggest losers included St Barbara Ltd (AX: SBM ), which lost 3.66% or 0.170 points to trade at 4.470 in late trade. Regis Resources Ltd (AX: RRL ) declined 3.14% or 0.140 points to end at 4.320 and Northern Star Resources Ltd (AX: NST ) shed 2.46% or 0.210 points to 8.320.

Advancing stocks outnumbered falling ones by 639 to 469 and 347 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 7.67% to 17.311.

In commodities trading, Gold Futures for February delivery was up 0.06% or 0.75 to $1249.10 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.58% or 0.30 to hit $52.25 a barrel, while the February Brent oil contract rose 1.13% or 0.68 to trade at $60.88 a barrel.

AUD/USD was up 0.10% to 0.7212, while AUD/JPY rose 0.15% to 81.81.

The US Dollar Index Futures was down 0.02% at 97.335.

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