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Australia stocks higher at close of trade

Australia stocks were higher after the close on Thursday, as gains in the Gold, Energy and Consumer Discretionary sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 gained 0.06%.

The best performers of the session on the S&P/ASX 200 were G8 Education Ltd (AX:GEM), which rose 11.62% or 0.280 points to trade at 2.690 at the close. Meanwhile, Appen Ltd (AX:APX) added 11.55% or 1.290 points to end at 12.460 and Elders Ltd (AX:ELD) was up 5.53% or 0.390 points to 7.440 in late trade.

The worst performers of the session were Syrah Resources Ltd (AX:SYR), which fell 5.31% or 0.095 points to trade at 1.695 at the close. Aveo Group (AX:AOG) declined 4.41% or 0.075 points to end at 1.625 and Incitec Pivot Ltd (AX:IPL) was down 4.19% or 0.170 points to 3.890.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 618 to 530 and 345 ended unchanged.

Shares in Aveo Group (AX:AOG) fell to 5-year lows; down 4.41% or 0.075 to 1.625.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.76% to 17.376.

Gold Futures for December delivery was up 0.15% or 1.80 to $1211.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.30% or 0.17 to hit $56.08 a barrel, while the January Brent oil contract fell 0.14% or 0.09 to trade at $66.03 a barrel.

AUD/USD was up 0.58% to 0.7273, while AUD/JPY rose 0.47% to 82.56.

The US Dollar Index Futures was down 0.13% at 96.73.

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