Australia stocks higher at close of trade

Australia stocks were higher after the close on Thursday, as gains in the Resources, Metals & Mining and Energy sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.43%.

The best performers of the session on the S&P/ASX 200 were Alumina Ltd (AX:AWC), which rose 9.68% or 0.270 points to trade at 3.060 at the close. Meanwhile, Magellan Financial Group Ltd (AX:MFG) added 7.78% or 2.100 points to end at 29.090 and South32 Ltd (AX:S32) was up 6.82% or 0.270 points to 4.230 in late trade.

The worst performers of the session were Pact Group Holdings Ltd (AX:PGH), which fell 8.53% or 0.320 points to trade at 3.430 at the close. Syrah Resources Ltd (AX:SYR) declined 7.73% or 0.180 points to end at 2.150 and A2 Milk Company Ltd (AX:A2M) was down 4.46% or 0.445 points to 9.525.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 577 to 573 and 392 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.27% to 11.077.

Gold Futures for December delivery was down 0.11% or 1.30 to $1201.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.25% or 0.19 to hit $76.22 a barrel, while the December Brent oil contract fell 0.24% or 0.21 to trade at $86.08 a barrel.

AUD/USD was down 0.28% to 0.7084, while AUD/JPY fell 0.45% to 80.98.

The US Dollar Index Futures was up 0.06% at 95.73.

The US Dollar Index Futures was up 0.19% at 95.10.

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