Australia shares higher at close of trade; S&P/ASX 200 up 1.31%

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Australia shares higher at close of trade; S&P/ASX 200 up 1.31%
Credit: © Reuters.

Investing.com – Australia equities were higher at the close on Wednesday, as gains in the Metals & Mining , Industrials and Resources sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 1.31% to hit a new 1-month high.

The biggest gainers of the session on the S&P/ASX 200 were Webjet Ltd (AX: WEB ), which rose 9.42% or 0.900 points to trade at 10.450 at the close. Galaxy Resources Ltd (AX: GXY ) added 6.76% or 0.025 points to end at 0.395 and Estia Health Ltd (AX: EHE ) was up 6.64% or 0.190 points to 3.050 in late trade.

Biggest losers included Fisher & Paykel Healthcare Ltd (AX: FPH ), which lost 6.96% or 0.580 points to trade at 7.750 in late trade. Southern Cross Media Group Ltd (AX: SXL ) declined 4.87% or 0.068 points to end at 1.317 and CYBG PLC (AX: CYB ) shed 4.09% or 0.200 points to 4.690.

Advancing stocks outnumbered falling ones by 642 to 415 and 302 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 1.19% to 12.250 a new 1-month low.

In commodities trading, Gold for December delivery was up 0.18% or 2.15 to $1213.35 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.23% or 0.11 to hit $47.92 a barrel, while the January Brent oil contract fell 0.22% or 0.11 to trade at $49.01 a barrel.

AUD/USD was up 0.42% to 0.7433, while AUD/JPY rose 0.27% to 82.50.

The US Dollar Index was down 0.03% at 101.06.

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