Australia stocks higher at close of trade; S&P/ASX 200 up 0.27%

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

At the close in Sydney, the gained 0.27%.

The best performers of the session on the were Lynas Rare Earths Ltd (ASX:), which rose 6.56% or 0.58 points to trade at 9.42 at the close. Meanwhile, Beach Energy Ltd (ASX:) added 6.12% or 0.10 points to end at 1.74 and Whitehaven Coal Ltd (ASX:) was up 5.91% or 0.29 points to 5.20 in late trade.

The worst performers of the session were Brambles Ltd (ASX:), which fell 7.59% or 0.88 points to trade at 10.72 at the close. Pointsbet Holdings Ltd (ASX:) declined 4.60% or 0.12 points to end at 2.49 and Rea Group Ltd (ASX:) was down 4.52% or 5.15 points to 108.72.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 782 to 642 and 371 ended unchanged.

Shares in Whitehaven Coal Ltd (ASX:) rose to 3-years highs; up 5.91% or 0.29 to 5.20.

The , which measures the implied volatility of S&P/ASX 200 options, was down 6.26% to 17.22.

Gold Futures for June delivery was up 0.59% or 10.62 to $1,824.62 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.04% or 0.04 to hit $111.86 a barrel, while the July Brent oil contract rose 0.14% or 0.16 to trade at $114.40 a barrel.

AUD/USD was unchanged 0.63% to 0.70, while AUD/JPY rose 0.79% to 90.74.

The US Dollar Index Futures was down 0.18% at 104.01.

Published at Tue, 17 May 2022 07:45:02 -0700