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Australia stocks higher at close of trade; S&P/ASX 200 up 1.12%

2022.08.11 10:50

Australia stocks higher at close of trade; S&P/ASX 200 up 1.12%
Australia stocks higher at close of trade; S&P/ASX 200 up 1.12%

Investing.com – Australia stocks were higher after the close on Thursday, as gains in the Consumer Discretionary, A-REITs and Metals & Mining sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 1.12% to hit a new 1-month high.

The best performers of the session on the S&P/ASX 200 were Pointsbet Holdings Ltd (ASX:PBH), which rose 6.44% or 0.23 points to trade at 3.80 at the close. Meanwhile, Seek Ltd (ASX:SEK) added 5.43% or 1.27 points to end at 24.64 and Netwealth Group Ltd (ASX:NWL) was up 5.10% or 0.66 points to 13.61 in late trade.

The worst performers of the session were Computershare Ltd. (ASX:CPU), which fell 5.12% or 1.24 points to trade at 22.97 at the close. Rio Tinto Ltd (ASX:RIO) declined 3.93% or 3.90 points to end at 95.28 and APA Group (ASX:APA) was down 2.22% or 0.27 points to 11.90.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 949 to 448 and 386 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 8.13% to 13.70 a new 3-months low.

Gold Futures for December delivery was down 0.61% or 11.05 to $1,802.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.71% or 0.65 to hit $91.28 a barrel, while the October Brent oil contract fell 0.75% or 0.73 to trade at $96.67 a barrel.

AUD/USD was unchanged 0.27% to 0.71, while AUD/JPY rose 0.01% to 94.04.

The US Dollar Index Futures was down 0.20% at 104.87.

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