Australian equities ascend at close of trade

Australian equities ascend at close of trade

On Friday, Australian equities grew after the close because revenues in the Telecoms Services, Utilities as well as Consumer Staples sectors underpinned stocks.

The S&P/ASX 200 gained 0.34% to reach a fresh 3-months maximum.

Such benchmarks as Galaxy Resources Ltd, HT&E Ltd and Bega Cheese Ltd gained 5.10%, 4.18% and 4.05% respectively, thus becoming the best performers of the session on the S&P/ASX 200.   

As for losers, they were represented by such benchmarks as IPH Ltd, ALS Ltd and Independence Group NL. They slid respectively 2.68%, 2.36%, and 2.31%.     

Soaring stocks outclassed dipping equities on the Sydney Stock Exchange by 661 to 487, while 375 were intact.

Gauging the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX slumped 2.12% demonstrating 10.969.

The currency pair AUD/USD gained 0.17% trading at 0.7833, AUD/JPY leapt 0.02% being worth 87.83.

The US Dollar Index Futures headed south 0.11% being worth 92.84.

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