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

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the Gold, IT and Telecoms Services sectors led shares higher.

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

The best performers 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. Meanwhile, 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.

The worst performers of the session were Elders Ltd (ASX:ELD), which fell 10.87% or 0.94 points to trade at 7.71 at the close. Pilbara Minerals Ltd (ASX:PLS) declined 5.18% or 0.16 points to end at 2.93 and Super Retail Group Ltd (ASX:SUL) was down 3.43% or 0.52 points to 14.65.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 626 to 483 and 413 ended unchanged.

Shares in Technology One Ltd (ASX:TNE) rose to all time highs; up 10.05% or 2.69 to 29.45.

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

Gold Futures for December delivery was up 0.47% or 12.30 to $2,626.90 a troy ounce. Elsewhere in commodities trading, 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 0.08% or 0.06 to trade at $73.36 a barrel.

AUD/USD was unchanged 0.04% to 0.65, while AUD/JPY fell 0.22% to 100.44.

The US Dollar Index Futures was up 0.02% at 106.23.