Australian equities rally at close of trade

Australian equities rally at close of trade

On Wednesday, Australian equities edged up after the close because revenues in the Utilities, Healthcare as well as A-REITs sectors underpinned equities.

The S&P/ASX 200 grew 0.02% reaching a fresh 3-months maximum.

St Barbara Ltd, Ioof Holdings Ltd and Aconex Ltd became the best performers of the session on the S&P/ASX 200, inching up 11.19%, 5.15% and 4.48% respectively.   

On the contrary, the losers were represented by such benchmarks as Lend Lease Group, Altium Ltd and GWA Group Ltd. They lost respectively 10.48%, 5.42% and 4.68%.         

Declining shares managed to outnumber rallying equities on the Sydney Stock Exchange by 617 to 585, while 341 were intact.

Equities in Ioof Holdings Ltd grew to all time maximums, gaining 5.15% and hitting 11.840.

Gauging the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX slumped 1.14% showing an outcome of 11.191.

The currency pair AUD/USD stood still, sticking to 0.7845, AUD/JPY grew 0.07% being worth 88.09.

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