Australia shares higher at close of trade; S&P/ASX 200 up 0.89%

Investing.com – Australia equities were higher at the close on Tuesday, as gains in the Gold, IT and Telecoms Services sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.89% to hit a new all time high.

The biggest gainers of the session on the S&P/ASX 200 were Omni Bridgeway Ltd (ASX:OBL), which rose 10.99% or 0.10 points to trade at 1.01 at the close. Technology One Ltd (ASX:TNE) added 10.05% or 2.69 points to end at 29.45 and Resolute Mining Ltd (ASX:RSG) was up 10.53% or 0.04 points to 0.42 in late trade.

Biggest losers included Elders Ltd (ASX:ELD), which lost 10.87% or 0.94 points to trade at 7.71 in late trade. Pilbara Minerals Ltd (ASX:PLS) declined 5.18% or 0.16 points to end at 2.93 and Super Retail Group Ltd (ASX:SUL) shed 3.43% or 0.52 points to 14.65.

Advancing stocks outnumbered falling ones by 621 to 490 and 437 ended unchanged on the Sydney Stock Exchange.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.74% to 11.37.

In commodities trading, Gold Futures for December delivery was up 0.47% or 12.25 to $2,626.85 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.03% or 0.02 to hit $69.19 a barrel, while the January Brent oil contract rose 0.05% or 0.04 to trade at $73.34 a barrel.

AUD/USD was unchanged 0.05% to 0.65, while AUD/JPY fell 0.21% to 100.44.

The US Dollar Index Futures was up 0.03% at 106.23.