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Australia shares higher at close of trade; S&P/ASX 200 up 0.73%

Published 17/07/2024, 07:30
© Reuters Australia shares higher at close of trade; S&P/ASX 200 up 0.73%
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Investing.com – Australia equities were higher at the close on Wednesday, as gains in the Gold, Real Estate Investment and IT sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.73% to hit a new all time high.

The biggest gainers of the session on the S&P/ASX 200 were Polynovo Ltd (ASX:PNV), which rose 9.28% or 0.22 points to trade at 2.59 at the close. James Hardie Industries PLC (ASX:JHX) added 6.84% or 3.45 points to end at 53.89 and Credit Corp Group Ltd (ASX:CCP) was up 5.96% or 0.87 points to 15.47 in late trade.

Biggest losers included Mesoblast Ltd (ASX:MSB), which lost 4.24% or 0.05 points to trade at 1.13 in late trade. Nanosonics Ltd (ASX:NAN) declined 3.11% or 0.10 points to end at 3.12 and Appen Ltd (ASX:APX) shed 2.88% or 0.02 points to 0.51.

Advancing stocks outnumbered falling ones by 682 to 452 and 444 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 1.61% to 11.78.

In commodities trading, Gold Futures for August delivery was up 0.04% or 0.95 to $2,468.75 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.31% or 0.25 to hit $79.46 a barrel, while the September Brent oil contract fell 0.33% or 0.28 to trade at $83.45 a barrel.

AUD/USD was unchanged 0.01% to 0.67, while AUD/JPY fell 0.29% to 106.31.

The US Dollar Index Futures was down 0.07% at 103.88.

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