Australian stocks closed higher on Tuesday, with gains in the Gold, IT, and Utilities sectors driving the market up. The S&P/ASX 200 rose by 0.11% at the close in Sydney.
Top performers on the S&P/ASX 200 included Appen Ltd (ASX:APX), surging by 30.12% or 0.25 points to close at 1.08. Mesoblast Ltd (ASX:MSB) gained 23.44% or 0.08 points, ending at 0.40, and Alumina Ltd (ASX:AWC) increased by 8.51% or 0.10 points to 1.27 in late trade.
Conversely, the worst performers included Champion Iron Ltd (ASX:CIA), dropping by 3.93% or 0.29 points to 7.09 at the close. Whitehaven Coal Ltd (ASX:WHC) declined by 3.84% or 0.27 points to finish at 6.77, and St Barbara Ltd (ASX:SBM) was down 3.03% or 0.01 points at 0.16.
On the Sydney Stock Exchange, rising stocks outnumbered declining ones, with 596 gaining, 555 falling, and 310 remaining unchanged.
The S&P/ASX 200 VIX, indicating implied volatility, decreased by 4.20% to 12.53.
Gold Futures for April delivery dipped by 0.20% or 4.45 to $2,184.15 per troy ounce. In other commodity trading, Crude oil for April delivery rose by 0.19% or 0.15 to $78.08 a barrel, while the May Brent oil contract increased by 0.30% or 0.25 to $82.46 a barrel.
The AUD/USD remained unchanged at 0.66, while the AUD/JPY rose by 0.32% to 97.50.
The US Dollar Index Futures decreased by 0.04% to 102.42.
Paraphrasing text from "Investing" all rights reserved by the original author.
