Australia shares higher at close of trade; S&P/ASX 200 up 0.79%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.79%
Credit: © Reuters. – Australia equities were higher at the close on Friday, as gains in the Financials , Resources and Metals & Mining sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.79%.

The biggest gainers of the session on the S&P/ASX 200 were Galaxy Resources Ltd (AX: GXY ), which rose 12.50% or 0.040 points to trade at 0.360 at the close. Santos Ltd (AX: STO ) added 6.15% or 0.220 points to end at 3.800 and BT Investment Management Ltd (AX: BTT ) was up 5.67% or 0.540 points to 10.070 in late trade.

Biggest losers included Resolute Mining Ltd (AX: RSG ), which lost 12.34% or 0.195 points to trade at 1.385 in late trade. Northern Star Resources Ltd (AX: NST ) declined 7.59% or 0.340 points to end at 4.140 and Newcrest Mining Ltd (AX: NCM ) shed 7.51% or 1.820 points to 22.410.

Declining stocks outnumbered rising ones by 551 to 534 and 283 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 0.57% to 15.588.

In commodities trading, Gold for December delivery was down 0.51% or 6.40 to $1260.00 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.22% or 0.10 to hit $44.56 a barrel, while the January Brent oil contract fell 0.15% or 0.07 to trade at $45.77 a barrel.

AUD/USD was up 0.13% to 0.7620, while AUD/JPY fell 0.07% to 81.25.

The US Dollar Index was down 0.11% at 98.68.

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