Australia stocks higher at close of trade; S&P/ASX 200 up 1.93%

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

At the close in Sydney, the gained 1.93%.

The best performers of the session on the were Polynovo Ltd (ASX:), which rose 14.04% or 0.16 points to trade at 1.30 at the close. Meanwhile, Clinuvel Pharmaceuticals Ltd (ASX:) added 13.46% or 1.97 points to end at 16.61 and Codan Ltd (ASX:) was up 9.62% or 0.64 points to 7.29 in late trade.

The worst performers of the session were Nuix Ltd (ASX:), which fell 6.07% or 0.07 points to trade at 1.00 at the close. IGO Ltd (ASX:) declined 3.48% or 0.38 points to end at 10.54 and Reece Ltd (ASX:) was down 3.10% or 0.51 points to 15.93.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 944 to 486 and 382 ended unchanged.

Shares in Nuix Ltd (ASX:) fell to all time lows; losing 6.07% or 0.07 to 1.00. Shares in Reece Ltd (ASX:) fell to 52-week lows; losing 3.10% or 0.51 to 15.93.

The , which measures the implied volatility of S&P/ASX 200 options, was down 4.07% to 18.49.

Gold Futures for June delivery was up 0.02% or 0.30 to $1,824.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.43% or 0.46 to hit $106.59 a barrel, while the July Brent oil contract rose 0.68% or 0.73 to trade at $108.18 a barrel.

AUD/USD was unchanged 0.66% to 0.69, while AUD/JPY rose 1.05% to 88.87.

The US Dollar Index Futures was down 0.27% at 104.61.

Published at Fri, 13 May 2022 07:45:02 -0700