Title: Australia stocks higher at close of trade; S&P/ASX 200 up 0.07%

10/27/2021 03:45:32 AM GMT

By: AnalysisWatch

Australian stocks were higher after the close on Wednesday, as gains in the telecommunications, administration, medical services, and monetary areas drove shares higher.

In Sydney, the S&P/ASX 200 added 0.07% to hit another 1-month high.

The best performer on the S&P/ASX 200 was Dependence Worldwide Corporation Ltd (ASX: RWC), which rose 4.62% or 0.24 points to close at 5.44. Meanwhile, Whitehaven Coal Ltd (ASX: WHC) rose 4.04% or 0.110 points to 2.830, while Sonic Healthcare Ltd (ASX: SHL) rose 3.72% or 1.46 points to 40.71 in late trading.

The most noticeably terrible entertainers of the meeting were Codan Ltd (ASX:CDA), which fell 18.77% or 2.53 focuses to exchange at 10.95 at the nearby. A2 Milk Company Ltd (ASX: A2M) fell 11.97% or 0.82 points to 6.03, while Champion Iron Ltd (ASX: CIA) fell 6.63% or 0.320 points to 4.510.

Falling stocks dwarfed propelling ones on the Sydney Stock Exchange by 826 to 580 and 402 finished unaltered.

The S&P/ASX 200 VIX, which measures the volatility of S&P/ASX 200 options, fell 2.47% to 11.586, setting a new one-month low.

Gold futures for December delivery fell 0.38% or 6.85 cents to $1786.55 an ounce. Somewhere else in items exchanging, raw petroleum for conveyance in December fell 1.45% or 1.23 to hit $83.42 a barrel, while the January Brent oil contract fell 1.16% or 0.99 to exchange at $84.66 a barrel.

The AUD/USD rate increased 0.30% to 0.7521, while the AUD/JPY rate stayed unaltered at 0.00% to 85.59.

The US Dollar Index Futures was down 0.12% at 93.832.