Australia shares higher at close of trade; S&P/ASX 200 up 0.22%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.22%
Credit: © Reuters.

Investing.com – Australia equities were higher at the close on Wednesday, as gains in the Real Estate Investment , Telecoms Services and Energy sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.22%.

The biggest gainers of the session on the S&P/ASX 200 were South32 Ltd (AX: S32 ), which rose 4.39% or 0.073 points to trade at 1.722 at the close. Rea Group Ltd (AX: REA ) added 3.54% or 2.040 points to end at 59.640 and Growthpoint Properties Australia (AX: GOZ ) was up 2.91% or 0.095 points to 3.355 in late trade.

Biggest losers included Saracen Mineral Holdings Ltd (AX: SAR ), which lost 10.80% or 0.155 points to trade at 1.280 in late trade. Spotless Fp (AX: SPO ) declined 6.80% or 0.078 points to end at 1.062 and Regis Resources Ltd (AX: RRL ) shed 5.67% or 0.190 points to 3.160.

Declining stocks outnumbered rising ones by 530 to 481 and 366 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 5.70% to 21.058.

In commodities trading, Gold for August delivery was down 0.55% or 7.00 to $1265.50 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.64% or 0.32 to hit $50.17 a barrel, while the August Brent oil contract rose 0.59% or 0.30 to trade at $50.92 a barrel.

AUD/USD was up 0.15% to 0.7462, while AUD/JPY fell 0.03% to 78.02.

The US Dollar Index was down 0.13% at 94.04.

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