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Australia shares higher at close of trade

Published 17/03/2015, 06:00
© Reuters.  Australia shares higher at close of trade
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Investing.com – Australia equities were higher at the close on Tuesday, as gains in the Telecommunication Services, Energy and Resources sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.77%.

The biggest gainers of the session on the S&P/ASX 200 were Karoon Gas Australia Ltd (ASX:KAR), which rose 14.04% or 0.320 points to trade at 2.600 at the close. Mount Gibson Iron Ltd (ASX:MGX) added 6.98% or 0.015 points to end at 0.230 and Beadell Resources Ltd (ASX:BDR) was up 6.12% or 0.015 points to 0.260 in late trade.

Biggest losers included Sirtex Medical Ltd (ASX:SRX), which lost 55.05% or 21.470 points to trade at 17.530 in late trade. Sundance Energy Australia Ltd (ASX:SEA) declined 6.67% or 0.035 points to end at 0.490 and Evolution Mining Ltd (ASX:EVN) shed 5.23% or 0.040 points to 0.725.

Advancing stocks outnumbered falling ones by 327 to 275 and 44 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 0.20% to 14.682.

In commodities trading, Gold for April delivery was down 0.04% or 0.50 to $1152.70 a troy ounce. Meanwhile, Crude Oil for delivery in May fell 0.04% or 0.02 to hit $46.11 a barrel, while the May Brent Oil contract fell 0.11% or 0.06 to trade at $54.08 a barrel.

AUD/USD was down 0.16% to 0.7628, while AUD/JPY fell 0.11% to 92.61.

The US Dollar Index was up 0.05% at 100.19.

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