Australian equities head north at close of trade

Australian equities head north at close of trade

On Wednesday, Australian equities grew after the close. It’s because profits in the Metals & Mining, Resources as well as Energy sectors underpinned stocks.  

The S&P/ASX 200 managed to gain 0.49% in Sydney reaching a fresh 6-months maximum.

On the S&P/ASX 200 the best performance was demonstrated by Beach Energy Ltd, Galaxy Resources Ltd and Harvey Norman Holdings Ltd. They soared respectively 7.69%, 7.54% and 5.82%.   

The losers were represented by A2 Milk Company Ltd, CSR Ltd and Myer Holdings Ltd. They went down respectively 6.04%, 5.49% and 4.58%.    

On the Sydney Stock Exchange ascending equities outperformed diving ones by 705 to 523, while 345 didn’t change.

Stocks in Beach Energy Ltd went up to 52-week maximum, soaring 7.69% being worth 1.050.

Estimating the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX gained 1.10% trading at 11.408.

The currency pair AUD/USD headed north 0.07% trading at 0.7661, while AUD/JPY rallied 0.29% trading at 87.25.

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