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

Published 24/01/2017, 04:30 pm
© Reuters.  Australia shares higher at close of trade; S&P/ASX 200 up 0.70%
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Investing.com – Australia equities were higher at the close on Tuesday, as gains in the Metals & Mining, Materials and Resources sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.70%.

The biggest gainers of the session on the S&P/ASX 200 were Bluescope Steel Ltd (AX:BSL), which rose 7.71% or 0.800 points to trade at 11.180 at the close. Resmed Inc (AX:RMD) added 6.85% or 0.570 points to end at 8.890 and South32 Ltd (AX:S32) was up 6.25% or 0.160 points to 2.720 in late trade.

Biggest losers included Syrah Res F (AX:SYR), which lost 2.99% or 0.100 points to trade at 3.250 in late trade. Domino'S Pizza Enterprises Ltd (AX:DMP) declined 2.22% or 1.420 points to end at 62.580 and Infigen Energy (AX:IFN) shed 1.97% or 0.020 points to 0.995.

Advancing stocks outnumbered falling ones by 551 to 497 and 351 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 2.75% to 13.560.

In commodities trading, Gold for February delivery was up 0.05% or 0.65 to $1216.25 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.44% or 0.23 to hit $52.98 a barrel, while the March Brent oil contract rose 0.53% or 0.29 to trade at $55.52 a barrel.

AUD/USD was down 0.14% to 0.7573, while AUD/JPY fell 0.01% to 85.46.

The US Dollar Index was up 0.10% at 100.05.

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