Australia shares higher at close of trade; S&P/ASX 200 up 1.84%

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Australia shares higher at close of trade; S&P/ASX 200 up 1.84%
Credit: © Reuters. – Australia equities were higher at the close on Monday, as gains in the Energy , Resources and Metals & Mining sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 1.84%.

The biggest gainers of the session on the S&P/ASX 200 were Graincorp Ltd (AX: GNC ), which rose 26.71% or 1.950 points to trade at 9.250 at the close. Bellamys Australia Ltd (AX: BAL ) added 12.02% or 0.880 points to end at 8.200 and Bluescope Steel Ltd (AX: BSL ) was up 11.49% or 1.290 points to 12.520 in late trade.

Biggest losers included St Barbara Ltd (AX: SBM ), which lost 7.88% or 0.350 points to trade at 4.090 in late trade. Metcash Ltd (AX: MTS ) declined 5.05% or 0.140 points to end at 2.630 and Ausdrill Ltd (AX: ASL ) shed 3.10% or 0.045 points to 1.405.

Advancing stocks outnumbered falling ones by 769 to 417 and 316 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 14.09% to 14.832.

In commodities trading, Gold Futures for February delivery was up 0.51% or 6.20 to $1232.20 a troy ounce. Meanwhile, Crude oil for delivery in January rose 5.30% or 2.70 to hit $53.63 a barrel, while the February Brent oil contract rose 4.93% or 2.93 to trade at $62.39 a barrel.

AUD/USD was up 0.83% to 0.7367, while AUD/JPY rose 0.77% to 83.61.

The US Dollar Index Futures was down 0.43% at 96.778.

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