After soaring 149%, this stock is back in our AI’s favor - & already +25% in July
Investing.com – Australia equities were higher at the close on Wednesday, as gains in the Real Estate Investment, Energy and Resources sectors propelled shares higher.
At the close in Sydney, the S&P/ASX 200 rose 0.06% to hit a new all time high.
The biggest gainers of the session on the S&P/ASX 200 were Zip Co Ltd (ASX:ZIP), which rose 15.45% or 0.36 points to trade at 2.69 at the close. Fletcher Building Ltd (ASX:FBU) added 10.71% or 0.30 points to end at 3.10 and Pilbara Minerals Ltd (ASX:PLS) was up 5.93% or 0.08 points to 1.43 in late trade.
Biggest losers included Lynas Rare Earths Ltd (ASX:LYC), which lost 7.68% or 0.72 points to trade at 8.65 in late trade. Beach Energy Ltd (ASX:BPT) declined 6.74% or 0.09 points to end at 1.25 and Perseus Mining Ltd (ASX:PRU) shed 6.10% or 0.24 points to 3.62.
Declining stocks outnumbered rising ones by 594 to 513 and 486 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 10.47.
In commodities trading, Gold Futures for August delivery was up 0.38% or 12.55 to $3,355.95 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.03% or 0.02 to hit $64.96 a barrel, while the August Brent oil contract fell 0.09% or 0.06 to trade at $66.81 a barrel.
AUD/USD was unchanged 0.20% to 0.65, while AUD/JPY rose 0.06% to 94.54.
The US Dollar Index Futures was up 0.09% at 99.16.