Australian equities jump at close of trade

Australian equities jump at close of trade

On Monday, Australian equities ascended after the close because revenues in the Telecoms Services, Energy as well as Resources sectors supported stocks.

The S&P/ASX 200 edged up 0.07%.

On the S&P/ASX 200 the best performers were Flexigroup Ltd, Metcash Ltd, CSR Ltd. They managed to ascend respectively 4.29%, 4.19% and 3.86%.

The top losers were represented by such benchmarks as Retail Food Group Ltd, Mineral Resources Ltd and Monadelphous Group Ltd. They tumbled 26.14%, 8.23% and 3.18% respectively.     

On the Sydney Stock Exchange soaring stocks outnumbered diving ones by 616 to 585, while 379 were intact.

Stocks in Retail Food Group Ltd went down to 3-years minimums, diving 26.14% to 3.250. Equities in Metcash Ltd rallied to 3-years maximums, soaring 4.19% to 3.230.

Gauging the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX ascended 3.10% hitting 10.889.

The currency pair AUD/USD rallied 0.27% being worth 0.7529, AUD/JPY grew 0.31% trading at 85.47.

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