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Australian stocks move up at close of trade

On Thursday, Australian stocks edged up after the close, as profits in the Metals & Mining, Materials as well as Financials sectors pushed shares up.

The S&P/ASX 200 managed to earn 0.28%.

Among the best performers of the trading session on the S&P/ASX 200 we can see Saracen Mineral Holdings Ltd with its 5.69% rise, OZ Minerals Ltd with its 4.93% gain and Covermore Fpo with its 4.29% surge.

As for the worst performers, we should point out to Automotive Group Holdings Ltd, falling 5.30%, Flight Centre Ltd, declining 4.29% as well as APA Group slumping 4.23%.

Ascending stocks definitely outperformed sagging ones on the Australia Stock Exchange by 570 to 489, while 331 remained intact.

Additionally, the S&P/ASX 200 VIX, traditionally gauging the implied volatility of S&P/ASX 200 options, descended 3.78%, hitting 16.267.

The currency pair AUD/USD edged down 0.03%, getting to 0.7469. Meanwhile, AUD/JPY sank 0.13%, trading at 76.42.


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