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Australia shares higher at close of trade; S&P/ASX 200 up 0.03%

Published 08/11/2017, 04:30 pm
Updated 08/11/2017, 04:35 pm
© Reuters.  Australia shares higher at close of trade; S&P/ASX 200 up 0.03%

Investing.com – Australia equities were higher at the close on Wednesday, as gains in the Real Estate Investment, Financials and Utilities sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.03%.

The biggest gainers of the session on the S&P/ASX 200 were Flexigroup Ltd (AX:FXL), which rose 5.26% or 0.080 points to trade at 1.600 at the close. Blackmores Ltd (AX:BKL) added 3.88% or 6.30 points to end at 168.83 and Costa Group Holdings Ltd (AX:CGC) was up 3.87% or 0.260 points to 6.970 in late trade.

Biggest losers included BT Investment Management Ltd (AX:BTT), which lost 5.76% or 0.630 points to trade at 10.300 in late trade. Seven West Media Ltd (AX:SWM) declined 4.03% or 0.025 points to end at 0.595 and oOh!Media Ltd (AX:OML) shed 3.96% or 0.180 points to 4.370.

Declining stocks outnumbered rising ones by 677 to 571 and 316 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 1.63% to 11.498.

In commodities trading, Gold Futures for December delivery was up 0.22% or 2.79 to $1278.59 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.40% or 0.23 to hit $56.97 a barrel, while the January Brent oil contract fell 0.28% or 0.18 to trade at $63.51 a barrel.

AUD/USD was up 0.10% to 0.7651, while AUD/JPY fell 0.06% to 87.08.

The US Dollar Index Futures was down 0.07% at 94.74.

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