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Australia shares higher at close of trade; S&P/ASX 200 up 0.55%

Published 01/05/2018, 04:00 pm
Updated 01/05/2018, 04:05 pm
© Reuters.  Australia shares higher at close of trade; S&P/ASX 200 up 0.55%
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Investing.com – Australia equities were higher at the close on Tuesday, as gains in the Financials, Real Estate Investment and Telecoms Services sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.55% to hit a new 1-month high.

The biggest gainers of the session on the S&P/ASX 200 were Syrah Resources Ltd (AX:SYR), which rose 5.92% or 0.190 points to trade at 3.400 at the close. Wisetech Global Ltd (AX:WTC) added 5.08% or 0.510 points to end at 10.550 and Ioof Holdings Ltd (AX:IFL) was up 4.85% or 0.435 points to 9.405 in late trade.

Biggest losers included Graincorp Ltd (AX:GNC), which lost 5.62% or 0.500 points to trade at 8.390 in late trade. Independence Group NL (AX:IGO) declined 4.64% or 0.240 points to end at 4.930 and Ramsay Health Care Ltd (AX:RHC) shed 4.42% or 2.860 points to 61.830.

Declining stocks outnumbered rising ones by 647 to 570 and 380 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 1.50% to 12.223.

In commodities trading, Gold Futures for June delivery was down 0.50% or 6.60 to $1312.60 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.10% or 0.07 to hit $68.64 a barrel, while the July Brent oil contract rose 0.04% or 0.03 to trade at $74.72 a barrel.

AUD/USD was up 0.11% to 0.7539, while AUD/JPY rose 0.17% to 82.47.

The US Dollar Index Futures was up 0.07% at 91.69.

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