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Australia shares higher at close of trade; S&P/ASX 200 up 0.14%

Published 02/12/2024, 05:30
Updated 02/12/2024, 05:35
© Reuters.  Australia shares higher at close of trade; S&P/ASX 200 up 0.14%
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Investing.com – Australia equities were higher at the close on Monday, as gains in the IT, Consumer Discretionary and Energy sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.14% to hit a new all time high.

The biggest gainers of the session on the S&P/ASX 200 were Gold Road Resources Ltd (ASX:GOR), which rose 9.38% or 0.18 points to trade at 2.04 at the close. Mineral Resources Ltd (ASX:MIN) added 6.21% or 2.09 points to end at 35.72 and IGO Ltd (ASX:IGO) was up 6.19% or 0.30 points to 5.15 in late trade.

Biggest losers included Nuix Ltd (ASX:NXL), which lost 6.27% or 0.42 points to trade at 6.28 in late trade. Resolute Mining Ltd (ASX:RSG) declined 5.75% or 0.03 points to end at 0.41 and Northern Star Resources Ltd (ASX:NST) shed 5.25% or 0.92 points to 16.59.

Declining stocks outnumbered rising ones by 627 to 501 and 432 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 1.47% to 10.64.

In commodities trading, Gold Futures for February delivery was down 1.23% or 33.01 to $2,647.99 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.49% or 0.33 to hit $68.33 a barrel, while the February Brent oil contract rose 0.46% or 0.33 to trade at $72.17 a barrel.

AUD/USD was unchanged 0.23% to 0.65, while AUD/JPY rose 0.42% to 97.88.

The US Dollar Index Futures was up 0.45% at 106.30.

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