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Title: Australia stocks higher at close of trade; S&P/ASX 200 up 0.32%

Jan 17, 2022 02:45AM ET

By: AnalysisWatch

Australian offers rose after the nearby on Monday as gains in the buyer cyclicals, energy and customer staples areas drove stocks higher.

At the end of exchanging Sydney, the S and P/ASX 200 was up 0.32%.

The best entertainer on the S&P/ASX 200 was Pendal Group Ltd, which rose 7.80%, or 0.39 focuses, to close at 5.39.In late exchanging, Adbri Ltd rose 7.17%, or 0.200 focuses, to close at 2.990 and Whitehaven Coal Ltd rose 4.29%, or 0.120 focuses, to 2.920 in late exchanging.

Shares of Perseus Mining Ltd fared the worst, falling 5.06%, or 0.080 points, to close at 1.500. South32 Ltd was down 3.11%, or 0.130 points, to 4.050, while Ltd was down 3.03%, or 0.25 points, to 7.99.

On the Sydney Stock Exchange, rising shares outweighed falling ones by 755 to 660. 394 shares closed unchanged.

The S&P/ASX 200 VIX, which measures implied volatility of S&P/ASX 200 options, fell 0.98% to 13.531.

Gold futures for February delivery rose 0.27%, or 4.95, to $1821.45 per troy ounce. Elsewhere in commodity trading, crude oil for delivery in March rose 0.67%, or 0.56, to $83.86 a barrel, while the March contract for Brent oil rose 0.57%, or 0.49, to $86.55 a barrel.

The AUD/USD pair gained 0.12% to 0.7215, while the AUD/JPY pair gained 0.33% to 82.57.

Among US dollar index futures, 0.07% to 95.095.

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