Jul 08, 2022 03:45AM ET
By: AnalysisWatch
Australian shares rose after the close on Friday as gains in the energy, commodities and metals and mining sectors drove stocks higher.
At the close in Sydney, the S&P/ASX 200 was up 0.45%.
The best performers of the session on the S&P/ASX 200 were St Barbara Ltd (ASX:SBM), which rose 9.64% or 0.08 points to trade at 0.91 at the close. Meanwhile, Pilbara Minerals Ltd (ASX:PLS) added 6.82% or 0.15 points to end at 2.35 and Whitehaven Coal Ltd (ASX:WHC) was up 6.34% or 0.30 points to 5.03 in late trade.
The worst performers of the session were Skycity Entertainment Group Ltd (ASX:SKC), which fell 6.45% or 0.16 points to trade at 2.32 at the close. Orora Ltd (ASX:ORA) fell 5.93% or 0.21 points to end at 3.33 and Collins Foods Ltd (ASX:CKF) was down 3.89% or 0.41 points at 10.13.
Rising shares outnumbered falling ones on the Sydney Stock Exchange by 925 to 400 and 366 ended unchanged.
Shares in Skycity Entertainment Group Ltd (ASX:SKC) fell to 52-week lows; down 6.45% or 0.16 to 2.32.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.19% at 17.22.
Gold futures for August delivery fell 0.42% or 7.35 to $1,732.35 a troy ounce. Elsewhere in commodities trading, crude oil for August delivery fell 0.82%, or 0.84, to $101.89 a barrel, while the September contract for Brent crude fell 0.51%, or 0.53, to $104.12 a barrel.
AUD/USD was unchanged by 0.48% at 0.68, while AUD/JPY fell 0.55% to 92.46.
US dollar index futures rose 0.57% to 107.57.
Australian shares higher at close; S&P/ASX 200 up 0.45