Australia shares higher at close of trade; S&P/ASX 200 up 0.36%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.36%
Credit: © Reuters. – Australia equities were higher at the close on Wednesday, as gains in the Consumer Staples , IT and Consumer Discretionary sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.36%.

The biggest gainers of the session on the S&P/ASX 200 were A2 Milk Company Ltd (ASX: A2M ), which rose 8.00% or 1.160 points to trade at 15.660 at the close. Premier Investments Ltd (ASX: PMV ) added 5.32% or 0.810 points to end at 16.040 and Pinnacle Investment Management Group Ltd (ASX: PNI ) was up 4.94% or 0.220 points to 4.670 in late trade.

Biggest losers included Pilbara Minerals Ltd (ASX: PLS ), which lost 4.85% or 0.025 points to trade at 0.490 in late trade. Eclipx Group Ltd (ASX: ECX ) declined 3.26% or 0.050 points to end at 1.485 and South32 Ltd (ASX: S32 ) shed 2.55% or 0.080 points to 3.060.

Advancing stocks outnumbered falling ones by 650 to 529 and 377 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 1.41% to 11.507.

In commodities trading, Gold Futures for August delivery was down 0.49% or 6.80 to $1393.70 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.57% or 0.91 to hit $58.74 a barrel, while the September Brent oil contract rose 1.09% or 0.70 to trade at $64.86 a barrel.

AUD/USD was down 0.13% to 0.6918, while AUD/JPY fell 0.07% to 75.33.

The US Dollar Index Futures was up 0.04% at 97.132.

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