Title: Australia stocks higher at close of trade; S&P/ASX 200 up 0.13%

Aug 09, 2022 03:45AM ET

By: AnalysisWatch

Australia stocks were higher after the close on Tuesday, as gains in the Telecoms Services, IT and Consumer Discretionary sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.13% to hit a new 1-month high.

The best performers of the session on the S&P/ASX 200 were Megaport Ltd (ASX:MP1), which rose 10.02% or 0.82 points to trade at 9.00 at the close. Meanwhile, Domain Holdings Australia Ltd (ASX:DHG) added 8.97% or 0.33 points to end at 4.01 and Rea Group Ltd (ASX:REA) was up 6.69% or 8.30 points to 132.32 in late trade.

The worst performers of the session were Mesoblast Ltd (ASX:MSB), which fell 6.99% or 0.07 points to trade at 0.87 at the close. National Australia Bank Ltd (ASX:NAB) declined 2.93% or 0.90 points to end at 29.81 and APA Group (ASX:APA) was down 1.88% or 0.23 points to 12.00.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 780 to 596 and 374 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 3.27% to 14.50.

Gold Futures for December delivery was down 0.25% or 4.45 to $1,800.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.80% or 0.73 to hit $90.03 a barrel, while the October Brent oil contract fell 0.73% or 0.71 to trade at $95.94 a barrel.

AUD/USD was unchanged 0.24% to 0.70, while AUD/JPY fell 0.25% to 94.11.

The US Dollar Index Futures was down 0.12% at 106.20.