Australian equities ascend at close of trade

Australian equities ascend at close of trade

On Tuesday, Australian equities leapt after the close because revenues in the Financials, Metals & Mining as well as Materials sectors underpinned stocks.

The S&P/ASX 200 inched up 0.62%.

Galaxy Resources Ltd, Tabcorp Holdings Ltd and South32 Ltd rallied 10.13%, 4.33% and 3.72% respectively, thus becoming the best performers of the session on the S&P/ASX 200.

On the contrary, the worst performance on the S&P/ASX 200 was demonstrated by such benchmarks as Saracen Mineral Holdings Ltd, Regis Resources Ltd and Resolute Mining Ltd. They lost respectively 5.14%, 4.56% and 4.25%.      

Soaring equities outnumbered diving ones on the Sydney Stock Exchange by 617 to 557, while 372 were intact.

Equities in South32 Ltd rallied to all time maximums, adding 3.72% and getting to 3.205.

The S&P/ASX 200 VIX, tracking the implied volatility of S&P/ASX 200 options, slumped 2.07% reaching 12.320.

The currency pair AUD/USD was intact sticking to 0.8027, AUD/JPY dipped  0.09% trading at 87.75.

 

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