Australia shares higher at close of trade; S&P/ASX 200 up 0.24%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.24%
Credit: © Reuters. – Australia equities were higher at the close on Friday, as gains in the Real Estate Investment , Gold and Financials sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.24%.

The biggest gainers of the session on the S&P/ASX 200 were IPH Ltd (AX: IPH ), which rose 6.52% or 0.300 points to trade at 4.900 at the close. Myer Holdings Ltd (AX: MYR ) added 5.09% or 0.055 points to end at 1.135 and Galaxy Resources Ltd (AX: GXY ) was up 4.55% or 0.023 points to 0.517 in late trade.

Biggest losers included Southern Cross Media Group Ltd (AX: SXL ), which lost 3.00% or 0.040 points to trade at 1.295 in late trade. Retail Food Group Ltd (AX: RFG ) declined 2.84% or 0.160 points to end at 5.480 and Seven West Media Ltd (AX: SWM ) shed 2.80% or 0.020 points to 0.695.

Advancing stocks outnumbered falling ones by 592 to 500 and 313 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 7.99% to 9.745.

In commodities trading, Gold Futures for April delivery was down 0.09% or 1.10 to $1226.00 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.25% or 0.12 to hit $48.87 a barrel, while the May Brent oil contract rose 0.14% or 0.07 to trade at $51.81 a barrel.

AUD/USD was up 0.09% to 0.7684, while AUD/JPY rose 0.21% to 87.16.

The US Dollar Index Futures was unchanged 0.00% at 100.09.

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