Australia shares higher at close of trade; S&P/ASX 200 up 0.87%

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Australia shares higher at close of trade; S&P/ASX 200 up 0.87%
Credit: © Reuters.

Investing.com – Australia equities were higher at the close on Wednesday, as gains in the Energy , Resources and Metals & Mining sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.87%.

The biggest gainers of the session on the S&P/ASX 200 were OZ Minerals Ltd (AX: OZL ), which rose 10.79% or 0.795 points to trade at 8.165 at the close. Seven Group Holdings Ltd (AX: SVW ) added 10.77% or 1.110 points to end at 11.420 and Sigma Pharmaceuticals Ltd (AX: SIG ) was up 9.30% or 0.080 points to 0.940 in late trade.

Biggest losers included Domino'S Pizza Enterprises Ltd (AX: DMP ), which lost 4.66% or 2.700 points to trade at 55.300 in late trade. Independence Group NL (AX: IGO ) declined 3.34% or 0.110 points to end at 3.180 and Aristocrat Leisure Ltd (AX: ALL ) shed 3.11% or 0.650 points to 20.260.

Advancing stocks outnumbered falling ones by 656 to 488 and 353 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 2.86% to 12.414.

In commodities trading, Gold Futures for August delivery was down 0.50% or 6.32 to $1245.78 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.98% or 0.47 to hit $48.36 a barrel, while the September Brent oil contract rose 0.78% or 0.39 to trade at $50.59 a barrel.

AUD/USD was down 0.58% to 0.7890, while AUD/JPY fell 0.57% to 88.30.

The US Dollar Index Futures was up 0.06% at 93.98.

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