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Australia stocks higher at close of trade; S&P/ASX 200 up 1.38%

by January 16, 2025
written by January 16, 2025

Investing.com – Australia stocks were higher after the close on Thursday, as gains in the Financials, A-REITs and Gold sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 1.38%.

The best performers of the session on the S&P/ASX 200 were Zip Co Ltd (ASX:ZIP), which rose 9.61% or 0.27 points to trade at 3.08 at the close. Meanwhile, Corporate Travel Managment Ltd (ASX:CTD) added 6.84% or 0.90 points to end at 14.05 and Tabcorp Holdings Ltd (ASX:TAH) was up 5.93% or 0.04 points to 0.63 in late trade.

The worst performers of the session were Pointsbet Holdings Ltd (ASX:PBH), which fell 2.60% or 0.03 points to trade at 0.94 at the close. Domino’S Pizza Enterprises Ltd (ASX:DMP) declined 2.00% or 0.59 points to end at 28.88 and Sims Metal Management Ltd (ASX:SGM) was down 2.01% or 0.27 points to 13.18.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 651 to 407 and 462 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 6.01% to 11.10.

Gold Futures for February delivery was up 0.28% or 7.69 to $2,725.49 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.15% or 0.12 to hit $78.83 a barrel, while the March Brent oil contract rose 0.12% or 0.10 to trade at $82.13 a barrel.

AUD/USD was unchanged 0.45% to 0.62, while AUD/JPY fell 0.72% to 96.74.

The US Dollar Index Futures was up 0.09% at 109.01.

This post appeared first on investing.com
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