Australia stocks higher at close of trade; S&P/ASX 200 up 1.39% By

© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 1.39%

© Reuters. Australia stocks higher at close of trade; S&P/ASX 200 up 1.39% – Australia stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

At the close in Sydney, the rose 1.39%.

The best performers of the session on the were Speedcast International Ltd (AX:), which rose 7.78% or 0.260 points to trade at 3.600 at the close. Meanwhile, Mayne Pharma Group Ltd (AX:) added 6.15% or 0.055 points to end at 0.950 and Galaxy Resources Ltd (AX:) was up 5.83% or 0.140 points to 2.540 in late trade.

The worst performers of the session were St Barbara Ltd (AX:), which fell 3.66% or 0.170 points to trade at 4.470 at the close. Regis Resources Ltd (AX:) declined 3.14% or 0.140 points to end at 4.320 and Northern Star Resources Ltd (AX:) was down 2.46% or 0.210 points to 8.320.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 639 to 469 and 347 ended unchanged.

The , which measures the implied volatility of S&P/ASX 200 options, was down 7.67% to 17.311.

Gold Futures for February delivery was up 0.05% or 0.65 to $1249.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.62% or 0.32 to hit $52.27 a barrel, while the February Brent oil contract rose 1.13% or 0.68 to trade at $60.88 a barrel.

AUD/USD was up 0.11% to 0.7213, while AUD/JPY rose 0.15% to 81.81.

The US Dollar Index Futures was down 0.03% at 97.333.

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