Title: Australia stocks higher at close of trade; S&P/ASX 200 up 0.44%
Jul 14, 2022 03:45AM ET
Australian shares rose after the close on Thursday as gains in the IT, metals and mining, and energy sectors led stocks higher.
At the close in Sydney, the S&P/ASX 200 was up 0.44%.
The best performers of the session on the S&P/ASX 200 were EML Payments Ltd (ASX:EML), which rose 12.30% or 0.12 points to trade at 1.05 at the close. Meanwhile, Pointsbet Holdings Ltd (ASX:PBH) added 7.06% or 0.18 points to end at 2.73 and Whitehaven Coal Ltd (ASX:WHC) was up 6.49% or 0.35 points to 5.74 in late trade.
The worst performers of the session were Bega Cheese Ltd (ASX:BGA) which fell 8.45% or 0.30 points to trade at 3.25 at the close. St Barbara Ltd (ASX:SBM) fell 4.79% or 0.05 points to end at 0.89 and Pendal Group Ltd (ASX:PDL) was down 2.63% or 0.11 points to 4.08.
Rising shares outnumbered falling ones on the Sydney Stock Exchange from 759 to 527 and 357 ended unchanged.
Shares in Bega Cheese Ltd (ASX:BGA) fell to 5-year lows; down 8.45% or 0.30 to 3.25. Shares in Whitehaven Coal Ltd (ASX:WHC) rose to 3-year highs; up 6.49% or 0.35 to 5.74. Shares in Pendal Group Ltd (ASX:PDL) fell to 52-week lows; down 2.63% or 0.11 to 4.08.
The S&P/ASX 200 VIX, which measures the implied volatility of the S&P/ASX 200 options, was up 0.28% at 17.65.
Gold futures for August delivery fell 1.07%, or 18.60, to $1,716.90 a troy ounce. Elsewhere in commodities trading, crude oil for August delivery fell 0.63%, or 0.61, to $95.69 a barrel, while the September contract for Brent crude fell 0.42%, or 0.42, to $99.15 a barrel.
AUD/USD traded unchanged by 0.16% at 0.68, while AUD/JPY gained 1.23% to 94.04.
US dollar index futures rose 0.45% to 108.24.