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Writer's pictureanalysiswatch

Title: Australia stocks higher at close of trade; S&P/ASX 200 up 0.16%


Feb 17, 2022 02:45 AM ET


By: AnalysisWatch


Australian shares rose after the close on Thursday as gains in the health care, gold, and industrial sectors drove stocks higher.


At the close in Sydney, the S & P/ASX 200 was up 0.16%.


The best performer on the S&P/ASX 200 was NRW Holdings Ltd., which rose 15.36%, or 0.26 points, to 1.99 at the close of trading.IPH Ltd rose 9.19% or 0.76 points to 9.03 and Challenger Ltd rose 6.65% or 0.420 points to 6.740 in late trade.


Wesfarmers Ltd was the worst performer, falling 7.48% or 4.110 points to trade at 50.810 at the close of trade. Pro Medicus Ltd fell 6.02%, or 2.89 points, to 45.11, while Domain Holdings Australia Ltd fell 6.22%, or 0.29 points, to 4.37.


On the Sydney Stock Exchange, falling stocks outweighed rising ones by 744 to 652, and 417 ended unchanged.


The S&P/ASX 200 VIX, which measures implied volatility of S&P/ASX 200 options, increased 1.25% to 15.305.


Gold futures for April delivery rose 0.33%, or $6.20, to $1877.70 a troy ounce. Elsewhere in commodities trading, crude oil for March delivery fell 1.10%, or 1.03, to $92.63 a barrel, while the April contract for Brent crude fell 1.18%, or 1.12, to $93.69 a barrel.


The AUD/USD pair rose 0.04% to 0.7195, while the AUD/JPY pair fell 0.14% to 82.92.


98.830. US dollar index futures rose 0.14% to 95.830.

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