Australia shares higher at close of trade; S&P/ASX 200 up 1.10%

Source Investing

Investing.com – Australia equities were higher at the close on Thursday, as gains in the IT, Energy and Real Estate Investment sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 added 1.10%.

The biggest gainers of the session on the S&P/ASX 200 were Appen Ltd (ASX:APX), which rose 16.73% or 0.22 points to trade at 1.50 at the close. Tabcorp Holdings Ltd (ASX:TAH) added 11.11% or 0.05 points to end at 0.45 and Resolute Mining Ltd (ASX:RSG) was up 8.59% or 0.06 points to 0.69 in late trade.

Biggest losers included Nine Entertainment Co Holdings Ltd (ASX:NEC), which lost 3.21% or 0.04 points to trade at 1.21 in late trade. Spark New Zealand Ltd (ASX:SPK) declined 2.81% or 0.09 points to end at 3.11 and Nanosonics Ltd (ASX:NAN) shed 2.76% or 0.10 points to 3.52.

Advancing stocks outnumbered falling ones by 715 to 386 and 416 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 2.37% to 12.22.

In commodities trading, Gold Futures for December delivery was up 0.22% or 5.55 to $2,547.95 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.31% or 0.88 to hit $68.19 a barrel, while the November Brent oil contract rose 1.37% or 0.97 to trade at $71.58 a barrel.

AUD/USD was unchanged 0.30% to 0.67, while AUD/JPY rose 0.33% to 95.42.

The US Dollar Index Futures was up 0.05% at 101.71.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Trump TACO Trade Saves Market, But Who Are the First Victims of the TACO Trade? As U.S. President Trump once again signaled a de-escalation of tensions in the Middle East, global markets swiftly entered "TACO trade" mode: risk assets rallied, safe-haven assets retrea
Author  TradingKey
8 hours ago
As U.S. President Trump once again signaled a de-escalation of tensions in the Middle East, global markets swiftly entered "TACO trade" mode: risk assets rallied, safe-haven assets retrea
placeholder
WTI rises back above mid-$90.00s amid Middle East tensions and supply risksWest Texas Intermediate (WTI) Crude Oil prices gain traction in Asian trading Tuesday, building on Monday’s rebound from the $84.00 mark, a near two-week low. The commodity climbs above the mid-$90.00s, supported by supply fears.
Author  FXStreet
16 hours ago
West Texas Intermediate (WTI) Crude Oil prices gain traction in Asian trading Tuesday, building on Monday’s rebound from the $84.00 mark, a near two-week low. The commodity climbs above the mid-$90.00s, supported by supply fears.
placeholder
Gold Suffers Epic Plunge, March Cumulative Decline Exceeds 20%. Has Gold Become a Risk Asset?At 3:21 AM Beijing time during the Asian trading session, Spot gold (XAUUSD) fell nearly 9% intraday, at one point dropping below the $4,100 per ounce mark. This not only erased all gains
Author  TradingKey
Yesterday 10: 58
At 3:21 AM Beijing time during the Asian trading session, Spot gold (XAUUSD) fell nearly 9% intraday, at one point dropping below the $4,100 per ounce mark. This not only erased all gains
placeholder
Iran threatens to completely close Strait of Hormuz if US bombs power plantsIran’s Islamic Revolutionary Guard Corps (IRGC) said that it will completely shut the strait if US President Donald Trump proceeds with his threats to target Iranian energy facilities, the Guardian reported on Monday.
Author  FXStreet
Yesterday 01: 46
Iran’s Islamic Revolutionary Guard Corps (IRGC) said that it will completely shut the strait if US President Donald Trump proceeds with his threats to target Iranian energy facilities, the Guardian reported on Monday.
placeholder
$180 Oil Prices Imminent? Saudi Arabia Warns: Crisis to Last Until Late April, Oil Prices Will Break Historic HighsThe continuous escalation of geopolitical conflicts in the Middle East is pushing global energy markets toward their most severe test in nearly 20 years.The Wall Street Journal reports th
Author  TradingKey
Mar 20, Fri
The continuous escalation of geopolitical conflicts in the Middle East is pushing global energy markets toward their most severe test in nearly 20 years.The Wall Street Journal reports th
goTop
quote