Investing.com – Australia equities were higher at the close on Tuesday, as gains in the Telecoms Services, Consumer Discretionary and Financials sectors propelled shares higher.
At the close in Sydney, the S&P/ASX 200 added 1.94%.
The biggest gainers of the session on the S&P/ASX 200 were Qantas Airways Ltd (ASX:QAN), which rose 7.86% or 0.250 points to trade at 3.430 at the close. Myer Holdings Ltd (ASX:MYR) added 6.15% or 0.075 points to end at 1.295 and Orora Fpo (ASX:ORA) was up 5.83% or 0.120 points to 2.180 in late trade.
Biggest losers included Arrium Ltd (ASX:ARI), which lost 3.70% or 0.005 points to trade at 0.130 in late trade. Ioof Holdings Ltd (ASX:IFL) declined 3.27% or 0.290 points to end at 8.570 and Western Areas Ltd (ASX:WSA) shed 2.86% or 0.090 points to 3.060.
Advancing stocks outnumbered falling ones by 598 to 377 and 158 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 11.01% to 17.797.
In commodities trading, Gold for August delivery was up 0.09% or 1.00 to $1167.60 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.16% or 0.09 to hit $52.92 a barrel, while the August Brent oil contract fell 0.25% or 0.14 to trade at $57.02 a barrel.
AUD/USD was down 0.19% to 0.7485, while AUD/JPY fell 0.07% to 91.86.
The US Dollar Index was up 0.26% at 96.68.