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Title: Australia stocks higher at close of trade; S&P/ASX 200 up 0.71%

Writer's picture: analysiswatchanalysiswatch


Aug 25, 2022 03:45AM ET


By: AnalysisWatch


Australia stocks were higher after the close on Thursday, as gains in the Gold, A-REITs and Energy sectors led shares higher.


At the close in Sydney, the S&P/ASX 200 added 0.71%.


The best performers of the session on the S&P/ASX 200 were Insignia Financial Ltd, which rose 11.36% or 0.36 points to trade at 3.53 at the close. Meanwhile, Nine Entertainment Co Holdings Ltd added 9.00% or 0.18 points to end at 2.18 and Qube Holdings Ltd was up 8.49% or 0.23 points to 2.94 in late trade.


The worst performers of the session were Domino’s Pizza Enterprises Ltd, which fell 9.55% or 6.89 points to trade at 65.26 at the close. Perpetual Ltd declined 9.44% or 2.86 points to end at 27.44 and Deterra Royalties Ltd was down 7.02% or 0.32 points to 4.24.


Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 780 to 595 and 373 ended unchanged.


Shares in Perpetual Ltd fell to 52-week lows; losing 9.44% or 2.86 to 27.44.


The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 6.95% to 12.99.


Gold Futures for December delivery was up 0.76% or 13.30 to $1,774.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.56% or 0.53 to hit $95.42 a barrel, while the October Brent oil contract rose 0.75% or 0.76 to trade at $101.98 a barrel.


AUD/USD was up 0.97% to 0.70, while AUD/JPY rose 0.52% to 95.20.


The US Dollar Index Futures was down 0.38% at 108.21.

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