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Australia stocks higher at close of trade; S&P/ASX 200 up 0.69%

Investing.com logo Investing.com 10/17/2021 Investing.com
Australia stocks higher at close of trade; S&P/ASX 200 up 0.69% © Reuters Australia stocks higher at close of trade; S&P/ASX 200 up 0.69%

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

At the close in Sydney, the S&P/ASX 200 gained 0.69%.

The best performers of the session on the S&P/ASX 200 were Hub24 Ltd (ASX:HUB), which rose 5.79% or 1.81 points to trade at 33.06 at the close. Meanwhile, ARB Corporation Ltd (ASX:ARB) added 5.59% or 2.67 points to end at 50.46 and Star Entertainment Group Ltd (ASX:SGR) was up 5.43% or 0.19 points to 3.69 in late trade.

The worst performers of the session were Pendal Group Ltd (ASX:PDL), which fell 11.51% or 0.89 points to trade at 6.84 at the close. Platinum Asset Management Ltd (ASX:PTM) declined 6.85% or 0.22 points to end at 2.99 and Treasury Wine Estates Ltd (ASX:TWE) was down 5.37% or 0.660 points to 11.630.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 0 to 0.

Shares in Hub24 Ltd (ASX:HUB) rose to all time highs; up 5.79% or 1.81 to 33.06. Shares in Platinum Asset Management Ltd (ASX:PTM) fell to 52-week lows; down 6.85% or 0.22 to 2.99.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 6.88% to 12.873.

Gold Futures for December delivery was down 1.65% or 29.70 to $1768.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December unchanged 0.00% or 0.00 to hit $81.73 a barrel, while the December Brent oil contract rose 1.00% or 0.84 to trade at $84.84 a barrel.

AUD/USD was up 0.11% to 0.7423, while AUD/JPY rose 0.65% to 84.82.

The US Dollar Index Futures was down 0.00% at 93.960.

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