Australia shares higher at close of trade; S&P/ASX 200 up 0.70%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.70%
Credit: © Reuters. – Australia equities were higher at the close on Monday, as gains in the Metals & Mining , Materials and Resources sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.70% to hit a new 1-month high.

The biggest gainers of the session on the S&P/ASX 200 were Fortescue Metals Group Ltd (AX: FMG ), which rose 6.17% or 0.400 points to trade at 6.880 at the close. Aconex Ltd (AX: ACX ) added 5.63% or 0.200 points to end at 3.750 and Western Areas Ltd (AX: WSA ) was up 5.49% or 0.140 points to 2.690 in late trade.

Biggest losers included Domino'S Pizza Enterprises Ltd (AX: DMP ), which lost 4.86% or 3.110 points to trade at 60.940 in late trade. Bendigo And Adelaide Bank Ltd (AX: BEN ) declined 4.83% or 0.610 points to end at 12.020 and Scentre (AX: SCG ) shed 2.65% or 0.120 points to 4.410.

Advancing stocks outnumbered falling ones by 623 to 477 and 341 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 4.26% to 12.183.

In commodities trading, Gold Futures for April delivery was down 0.42% or 5.25 to $1230.65 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.19% or 0.10 to hit $53.76 a barrel, while the April Brent oil contract fell 0.18% or 0.10 to trade at $56.60 a barrel.

AUD/USD was down 0.01% to 0.7665, while AUD/JPY rose 0.56% to 87.30.

The US Dollar Index Futures was up 0.18% at 100.90.

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