Australian stocks tack on at close of trade

On Friday, Australian stocks traded higher after the close, as profits in the Utilities, Consumer Discretionary as well as Metals & Mining sectors pushed stocks higher.

The S&P/ASX 200 earned 0.41% to hit a new 1-month peak.

When talking about the smartest performers of the session on the S&P/ASX 200, we should mention Tatts Group Ltd, Greencross Ltd and APN News & Media Ltd. They grew respectively 6.87%,4.78% and 3.98%.         

Saracen Mineral Holdings Ltd, Technology One Ltd and Resolute Mining Ltd turned to be the worst performers. They sagged respectively 4.21%, 2.76% and 2.44%.    

Ascending shares outperformed sagging ones on the Australia Stock Exchange by 602 to 462, while 322 were intact.

The S&P/ASX 200 VIX, measuring the implied volatility of S&P/ASX 200 options, sank 1.78%, hitting 11.911 a new 1-month minimum.

The currency pair AUD/USD edged up 0.36%, reaching 0.7434 and AUD/JPY ascended 0.39%, trading at 84.27.

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