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Australia stocks higher at close of trade; S&P/ASX 200 up 0.66%

by
January 21, 2025
in Economy
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Australia stocks higher at close of trade; S&P/ASX 200 up 0.66%

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Gold, Financials and Metals & Mining sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.66% to hit a new 1-month high.

The best performers of the session on the S&P/ASX 200 were Hub24 Ltd (ASX:HUB), which rose 11.31% or 7.38 points to trade at 72.61 at the close. Meanwhile, Kogan.com Ltd (ASX:KGN) added 5.88% or 0.33 points to end at 5.94 and Zip Co Ltd (ASX:ZIP) was up 4.98% or 0.15 points to 3.16 in late trade.

The worst performers of the session were Omni Bridgeway Ltd (ASX:OBL), which fell 7.34% or 0.11 points to trade at 1.33 at the close. Tabcorp Holdings Ltd (ASX:TAH) declined 4.41% or 0.03 points to end at 0.65 and Skycity Entertainment Group Ltd (ASX:SKC) was down 3.41% or 0.05 points to 1.27.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 532 to 507 and 385 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.76% to 10.61.

Gold Futures for February delivery was up 0.48% or 13.17 to $2,744.97 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.50% or 0.38 to hit $76.77 a barrel, while the March Brent oil contract fell 0.12% or 0.10 to trade at $80.05 a barrel.

AUD/USD was unchanged 0.61% to 0.62, while AUD/JPY fell 0.74% to 96.88.

The US Dollar Index Futures was up 0.29% at 108.19.

This post appeared first on investing.com
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