Australian stocks go up at close of trade
On Thursday, Australian stocks traded higher because revenues in the telecoms, healthcare and consumer staples sectors brought stocks higher.
At the close in Australia, the S&P/ASX 200 surged 0.36%, hitting a fresh one-month peak.
As for the best performers of the trading session, we should point out to Bluescope Steel Ltd, which managed to surge 7.24%, trading at 7.850. At the same time Sigma Pharmaceuticals gained up to 4.86%, hitting 1.295. Meanwhile, Japara Fpo edged up 4.58%, trading at 2.625.
The worst performers of the trading session, included Incitec Pivot Ltd, dropping 9.58%, trading at 2.830 at the close. Additionally, Orica Ltd sank 47%, being worth 12.820, while Western Areas dropped 4.32%, hitting 2.880.
Surging stocks outnumbered slumping ones on the Australia Stock Exchange by 607 to 432 and 334 remained intact.
Stocks in Bluescope Steel Ltd surged rose to 5-year peaks, up 7.24%, hitting 7.850. Additionally, stocks in Sigma Pharmaceuticals Ltd got to5-year peaks, gaining 4.86% at 1.295.