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Australia stocks higher at close of trade; S&P/ASX 200 up 0.29%

2019-01-10 14:34    Investing

Australia stocks higher at close of trade; S&P/ASX 200 up 0.29% Stock News

© Reuters. Australia Stocks higher at close of trade; S&P/ASX 200 up 0.29%

Investing.com – Australia stocks were higher after the close on Thursday, as gains in the Gold, A-REITs and Utilities sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.29% to hit a new 1-month high.

The best performers of the session on the S&P/ASX 200 were Nanosonics Ltd (AX:NAN), which rose 4.08% or 0.120 points to trade at 3.060 at the close. Meanwhile, St Barbara Ltd (AX:SBM) added 3.85% or 0.180 points to end at 4.850 and Automotive Group Holdings Ltd (AX:AHG) was up 3.79% or 0.055 points to 1.505 in late trade.

The worst performers of the session were Costa Group Holdings Ltd (AX:CGC), which fell 38.81% or 2.860 points to trade at 4.510 at the close. Treasury Wine Estates Ltd (AX:TWE) declined 4.78% or 0.715 points to end at 14.240 and Invocare Ltd (AX:IVC) was down 3.54% or 0.390 points to 10.640.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 574 to 485 and 355 ended unchanged.

Shares in Costa Group Holdings Ltd (AX:CGC) fell to 52-week lows; losing 38.81% or 2.860 to 4.510.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.36% to 15.192 a new 1-month low.

Gold Futures for February delivery was up 0.41% or 5.25 to $1297.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.13% or 0.59 to hit $51.77 a barrel, while the March Brent oil contract fell 0.93% or 0.57 to trade at $60.87 a barrel.

AUD/USD was up 0.29% to 0.7190, while AUD/JPY rose 0.06% to 77.58.

The US Dollar Index Futures was down 0.11% at 94.683.

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