Australia shares higher at close of trade; S&P/ASX 200 up 0.98%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.98%
Credit: © Reuters. – Australia equities were higher at the close on Tuesday, as gains in the Gold , Real Estate Investment and Materials sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.98%.

The biggest gainers of the session on the S&P/ASX 200 were Incitec Pivot Ltd (AX: IPL ), which rose 4.48% or 0.180 points to trade at 4.200 at the close. Western Areas Ltd (AX: WSA ) added 4.22% or 0.100 points to end at 2.470 and Bellamys Australia Ltd (AX: BAL ) was up 4.12% or 0.320 points to 8.080 in late trade.

Biggest losers included Appen Ltd (AX: APX ), which lost 2.61% or 0.280 points to trade at 10.440 in late trade. Skycity Entertainment Group Ltd (AX: SKC ) declined 2.29% or 0.080 points to end at 3.420 and CYBG PLC (AX: CYB ) shed 2.07% or 0.100 points to 4.740.

Advancing stocks outnumbered falling ones by 609 to 449 and 342 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 1.17% to 15.691.

In commodities trading, Gold Futures for December delivery was down 0.06% or 0.80 to $1231.50 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.11% or 0.07 to hit $63.03 a barrel, while the January Brent oil contract fell 0.36% or 0.26 to trade at $72.91 a barrel.

AUD/USD was up 0.12% to 0.7220, while AUD/JPY rose 0.26% to 81.83.

The US Dollar Index Futures was up 0.03% at 96.17.

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