Sep 09, 2022 03:45AM ET
By: AnalysisWatch
Australian stocks rose after the close on Friday, boosted by gains in the gold, metals, mining and materials sectors.
At the close of trading in Sydney, the S&P/ASX 200 index was up 0.66%.
Nuix Ltd. was the best performer during the session, rising 24.64%, or 0.17 points, to close at 0.86 points.
Meanwhile, Mineral Resources Ltd. added 13.58%, or 8.55 points, to close at 71.51 points and Monadelphous Group Ltd. rose 6.21%, or 0.81 points, to close at 13.86 points at the close of trading.
Nine Entertainment Co Holdings Ltd was the worst performer during the session, falling 3.60%, or 0.08 points, to close trading at 2.14 points. Zip Co Ltd fell 3.30%, or 0.03 points, to close at 0.88 points and News Corp B DRC fell 2.21%, or 0.56 points, to close at 24.79 points.
On the Sydney Stock Exchange, rising shares outnumbered falling shares by a ratio of 772 to 575, and 400 shares ended unchanged.
Shares in Mineral Resources Ltd rose to an all-time high, gaining 13.58%, or 8.55 points, to 71.51 points. Shares of Monadelphous Group Ltd rose to a 52-week high as they gained 6.21%, or 0.81 points, to 13.86 points.
The S&P/ASX 200 VIX index, which measures implied volatility of S&P/ASX 200 options, fell 9.19% to 13.66 points.
Gold futures for December delivery rose 1.03%, or 17.65%, to $1,737.85 a troy ounce. Elsewhere in commodities trading, crude oil for October delivery rose 0.89%, or 0.74, to close at $84.28 per barrel, while the November Brent crude oil contract rose 1.04%, or 0.93, to trade at $90.08 per barrel.
The AUD/USD currency pair strengthened by 1.57% to 0.69, while the AUD/JPY currency pair gained 0.40% to 97.65.
The dollar index futures dropped 1.08% to 108.53.