Australia shares higher at close of trade; S&P/ASX 200 up 0.64%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.64%
Credit: © Reuters.

Investing.com – Australia equities were higher at the close on Monday, as gains in the Gold , Utilities and Industrials sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.64%.

The biggest gainers of the session on the S&P/ASX 200 were Orocobre Ltd (AX: ORE ), which rose 19.81% or 0.630 points to trade at 3.810 at the close. Galaxy Resources Ltd (AX: GXY ) added 6.06% or 0.020 points to end at 0.350 and OZ Minerals Ltd (AX: OZL ) was up 5.51% or 0.350 points to 6.700 in late trade.

Biggest losers included APN News & Media Ltd (AX: APN ), which lost 14.64% or 0.457 points to trade at 2.665 in late trade. Aconex Ltd (AX: ACX ) declined 5.92% or 0.350 points to end at 5.560 and Western Areas Ltd (AX: WSA ) shed 5.56% or 0.145 points to 2.465.

Advancing stocks outnumbered falling ones by 560 to 515 and 310 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 6.46% to 15.789 a new 1-month high.

In commodities trading, Gold for December delivery was up 0.09% or 1.15 to $1277.95 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.37% or 0.18 to hit $48.52 a barrel, while the January Brent oil contract fell 0.39% or 0.20 to trade at $50.48 a barrel.

AUD/USD was up 0.17% to 0.7614, while AUD/JPY rose 0.20% to 79.77.

The US Dollar Index was up 0.09% at 98.40.

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