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Australia stocks higher at close of trade; S&P/ASX 200 up 0.85%

by November 22, 2024
written by November 22, 2024

Investing.com – Australia stocks were higher after the close on Friday, as gains in the Energy, Utilities and Healthcare sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.85% to hit a new all time high.

The best performers of the session on the S&P/ASX 200 were A2 Milk Company Ltd (ASX:A2M), which rose 13.31% or 0.64 points to trade at 5.45 at the close. Meanwhile, Pointsbet Holdings Ltd (ASX:PBH) added 4.15% or 0.04 points to end at 1.00 and ALS Ltd (ASX:ALQ) was up 3.19% or 0.50 points to 16.16 in late trade.

The worst performers of the session were Wisetech Global Ltd (ASX:WTC), which fell 12.37% or 17.19 points to trade at 121.74 at the close. Megaport Ltd (ASX:MP1) declined 9.45% or 0.79 points to end at 7.57 and Pilbara Minerals Ltd (ASX:PLS) was down 6.79% or 0.19 points to 2.61.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 582 to 482 and 474 ended unchanged.

Shares in Pointsbet Holdings Ltd (ASX:PBH) rose to 52-week highs; rising 4.15% or 0.04 to 1.00. Shares in ALS Ltd (ASX:ALQ) rose to 5-year highs; up 3.19% or 0.50 to 16.16.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.06% to 11.10.

Gold Futures for December delivery was up 0.49% or 13.05 to $2,687.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.03% or 0.02 to hit $70.12 a barrel, while the January Brent oil contract unchanged 0.00% or 0.00 to trade at $74.23 a barrel.

AUD/USD was unchanged 0.32% to 0.65, while AUD/JPY fell 0.34% to 100.30.

The US Dollar Index Futures was up 0.17% at 107.11.

This post appeared first on investing.com
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