Australia shares higher at close of trade; S&P/ASX 200 up 0.71%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.71%
Credit: © Reuters.

Investing.com – Australia equities were higher at the close on Monday, 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 gained 0.71%.

The biggest gainers of the session on the S&P/ASX 200 were Reliance Worldwide Corporation (Aust) Pty Ltd (AX: RWC ), which rose 6.76% or 0.280 points to trade at 4.420 at the close. Nine Entertainment Co Holdings Ltd (AX: NEC ) added 6.28% or 0.13 points to end at 2.20 and Orocobre Ltd (AX: ORE ) was up 6.11% or 0.400 points to 6.950 in late trade.

Biggest losers included G8 Education Ltd (AX: GEM ), which lost 7.94% or 0.250 points to trade at 2.900 in late trade. Wisetech Global Ltd (AX: WTC ) declined 4.85% or 0.560 points to end at 10.980 and APA Group (AX: APA ) shed 4.78% or 0.395 points to 7.865.

Advancing stocks outnumbered falling ones by 715 to 593 and 337 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 up 0.51% to 13.393.

In commodities trading, Gold Futures for April delivery was up 0.77% or 10.30 to $1340.60 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.46% or 0.29 to hit $63.84 a barrel, while the May Brent oil contract rose 0.27% or 0.18 to trade at $67.22 a barrel.

AUD/USD was up 0.43% to 0.7872, while AUD/JPY rose 0.30% to 83.94.

The US Dollar Index Futures was down 0.21% at 89.62.

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