Australian equities rally at close of trade

Australian equities rally at close of trade

On Wednesday, Australian equities surged after the close because profits in the Telecoms Services, Gold and A-REITs sectors lent support to stocks.

The S&P/ASX 200 jumped 0.25% in Sydney.

On the S&P/ASX 200 the top winners were the following benchmarks: Sirtex Medical Ltd, Australian Pharma Industries Ltd and Sigma Pharmaceuticals Ltd. They inched up 45.78%, 4.17% and 4.07% respectively.   

As for the key losers, they were represented by Beach Energy Ltd, Pilbara Minerals Ltd and Viva Energy Reit Ltd. They lost respectively 4.06%, 3.57% and 3.26%.    

On the Sydney Stock Exchange descending equities outclassed growing stocks by 737 to 523, while 361 were intact.

Equities in Sirtex Medical Ltd tacked on to 52-week maximums, adding 45.78% being worth 27.450.

Indicating the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX slumped 3.54% trading at 12.363.

The currency pair AUD/USD slid 0.09% hitting 0.8076, AUD/JPY declined 0.08% reaching 87.84.


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