Title: Australia stocks higher at close of trade; S&P/ASX 200 up 0.12%
Mar 24, 2022 03:45AM ET
Australian shares rose after the close on Thursday as gains in the utilities, energy, and commodities sectors drove stocks higher.
At the close in Sydney, the S & P/ASX 200 was up 0.12%, hitting a new 1-month high.
Whitehaven Coal Ltd, which rose 6.51%, or 0.27 points, to close at 4.42 on the S& P/ASX 200, was among the best performers. Ltd gained 4.96%, or 1.08 points, to close at 22.87, while JB Hi-Fi Ltd added 4.34%, or 2.20 points, to 52.90 in late trade.
Zip Co Ltd was the worst performer, falling 5.17%, or 0.09 points, to close at 1.56. 4.31%, or 0.05 points, to close at 1.11, and Healius Ltd. fell 4.26%, or 0.19 points, to close at 4.27.
On the Sydney Stock Exchange, falling shares outweighed rising ones by 778 to 622, and 394 ended unchanged.
Whitehaven Coal Ltd shares rose to a 52-week high, gaining 6.51%, or 0.27, to 4.42.
The S&P/ASX 200 VIX, which measures implied volatility of S&P/ASX 200 options, fell 1.94% to 14.33, a new 1-month low.
Gold futures for April delivery rose 0.31%, or 6.10, to $1,943.40 a troy ounce. Elsewhere in commodity trading, crude oil for May delivery fell 0.28%, or 0.32, to $114.61 a barrel, while the May Brent oil contract rose 0.16%, or 0.20, to $121.80 a barrel.
The AUD/USD rate remained unchanged at 0.29% to 0.75, while the AUD/JPY rate rose 0.14% to 90.96.
Futures on the US dollar index increased 0.24% to 98.85.