Australia stocks higher at close of trade; S&P/ASX 200 up 1.00%

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

At the close in Sydney, the S&P/ASX 200 added 1.00%.

The best performers of the session on the S&P/ASX 200 were Mineral Resources Ltd (AX:MIN), which rose 10.56% or 1.510 points to trade at 15.810 at the close. Meanwhile, Emeco Holdings Ltd (AX:EHL) added 6.91% or 0.150 points to end at 2.320 and Vocus Group Ltd (AX:VOC) was up 5.35% or 0.170 points to 3.350 in late trade.

The worst performers of the session were Australian Pharma Industries Ltd (AX:API), which fell 7.52% or 0.120 points to trade at 1.475 at the close. Perpetual Ltd (AX:PPT) declined 3.99% or 1.330 points to end at 32.010 and Sigma Pharmaceuticals Ltd (AX:SIG) was down 1.72% or 0.010 points to 0.570.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 584 to 535 and 355 ended unchanged.

Shares in Perpetual Ltd (AX:PPT) fell to 5-year lows; down 3.99% or 1.330 to 32.010.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.48% to 16.151.

Gold Futures for February delivery was down 0.07% or 0.90 to $1240.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.14% or 0.07 to hit $51.54 a barrel, while the February Brent oil contract fell 0.05% or 0.03 to trade at $60.25 a barrel.

AUD/USD was down 0.07% to 0.7172, while AUD/JPY rose 0.06% to 81.39.

The US Dollar Index Futures was up 0.01% at 96.915.

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