Australian equities jump at close of trade

Australian equities jump at close of trade

On Tuesday, Australian equities rallied after the close because revenues in the Energy, Resources as well as Metals & Mining sectors brought stocks up.

The S&P/ASX 200 managed to leap 1.02% in Sydney reaching a fresh 5-year maximum.

The winners of the session on the S&P/ASX 200 were represented by Beach Energy Ltd, Platinum Asset Management Ltd and Western Areas Ltd. They soared respectively 6.42%, 5.93% and 5.25%.  

As for the losers, one should mention such benchmarks as A2 Milk Company Ltd, Harvey Norman Holdings Ltd and Ardent Leisure Group. They dipped 4.90%, 2.39% and 1.58% respectively.  

On the Sydney Stock Exchange soaring stocks outnumbered diving equities by 752 to 445, while 350 were intact.

Equities in Beach Energy Ltd edged up to 52-week maximums, gaining 6.42% being worth 1.160. Stocks in Platinum Asset Management Ltd went up to 52-week peaks, gaining 5.93% and demonstrating 7.860.

The currency pair AUD/USD slumped 0.16% reaching 0.7680, AUD/JPY tacked on 0.08% trading at 87.53.


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