Title: Australia stocks higher at close of trade; S&P/ASX 200 up 0.11%

11/25/2021 07:45:25AM GMT

By: AnalysisWatch

Australian shares rose after the close on Thursday as gains in the IT, metals and mining, and commodities sectors drove stocks higher.

At the close in Sydney, the S & P/ASX 200 was up 0.11%.

EML Payments Ltd was the best performer in the S&P/ASX 200, rising 31.27% or 0.86 points to close at 3.61.Meanwhile, NRW Holdings Ltd gained 8.44%, or 0.14 points, to close at 1.74 and Nickel Mines Ltd rose 7.22%, or 0.095 points, to 1.410 in late trading.

AMP Ltd was the worst performer, falling 5.00% or 0.055 points to close at 1.045. Kogan.com Ltd dropped 4.28%, or 0.38 points, to close at 8.49, and Bendigo and Adelaide Bank Ltd fell 3.37%, or 0.30 points, to 8.61.

On the Sydney Stock Exchange, falling shares outweighed rising ones by 742 to 664, and 403 ended unchanged.

Shares of Kogan.com Ltd fell to a 52-week low, dropping 4.28%, or 0.38, to 8.49, while shares of Bendigo and Adelaide Bank Ltd fell to a 52-week low, losing 3.37%, or 0.30, to 8.61.

The VIX of the S&P/ASX 200, which measures implied volatility of S&P/ASX 200 options, fell 6.20% to 11.469.

Gold futures for December delivery rose 0.53%, or 9.40, to $1793.70 a troy ounce. Elsewhere in commodity trading, crude oil for delivery in January fell 0.13%, or 0.10, to $78.29 a barrel, while the January Brent oil contract rose 0.02%, or 0.02, to $82.27 a barrel.

The AUD/USD pair rose 0.17% to 0.7207, while AUD/JPY gained 0.13% to 83.15.