Australia shares higher at close of trade; S&P/ASX 200 up 0.04%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.04%
Credit: © Reuters. – Australia equities were higher at the close on Wednesday, as gains in the Gold , Real Estate Investment and Consumer Staples sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.04% to hit a new 52-week high.

The biggest gainers of the session on the S&P/ASX 200 were Saracen Mineral Holdings Ltd (AX: SAR ), which rose 5.34% or 0.055 points to trade at 1.085 at the close. Australian Agricultural Company Ltd (AX: AAC ) added 2.91% or 0.048 points to end at 1.677 and Spark New Zealand Ltd (AX: SPK ) was up 2.62% or 0.085 points to 3.325 in late trade.

Biggest losers included Telstra Corporation Ltd. (AX: TLS ), which lost 7.46% or 0.340 points to trade at 4.220 in late trade. Vocus Fpo (AX: VOC ) declined 4.20% or 0.150 points to end at 3.420 and Galaxy Resources Ltd (AX: GXY ) shed 3.41% or 0.015 points to 0.425.

Declining stocks outnumbered rising ones by 569 to 523 and 388 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 2.33% to 12.963 a new 1-month high.

In commodities trading, Gold Futures for June delivery was up 0.10% or 1.30 to $1275.50 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.21% or 0.11 to hit $53.51 a barrel, while the June Brent oil contract rose 0.21% or 0.12 to trade at $56.35 a barrel.

AUD/USD was unchanged 0.00% to 0.7499, while AUD/JPY fell 0.10% to 82.12.

The US Dollar Index Futures was down 0.04% at 100.59.

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