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Friday, July 29, 2016

Australia stocks higher at close of trade; S&P/ASX 200 up 0.07%

Stock market

Business, Investing

 Australia stocks were higher after the close on Friday, as gains in the Gold,Consumer Discretionary and Healthcare sectors led shares higher.
At the close in Australia, the S&P/ASX 200 gained 0.07% to hit a new 6-months high.
The best performers of the session on the S&P/ASX 200 were Resmed Inc (AX:RMD), which rose 7.55% or 0.650 points to trade at 9.260 at the close. Meanwhile, Bega Cheese Ltd (AX:BGA) added 6.90% or 0.400 points to end at 6.200 and Austal Ltd (AX:ASB) was up 5.94% or 0.065 points to 1.160 in late trade.
The worst performers of the session were Beach Energy Ltd (AX:BPT), which fell 5.13% or 0.030 points to trade at 0.555 at the close. Aconex Ltd (AX:ACX) declined 4.94% or 0.415 points to end at 7.985 and Fortescue Metals Group Ltd (AX:FMG) was down 4.11% or 0.190 points to 4.430.
Rising stocks outnumbered declining ones on the Australia Stock Exchange by 586 to 501 and 315 ended unchanged.
Shares in Resmed Inc (AX:RMD) rose to 52-week highs; rising 7.55% or 0.650 to 9.260.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.39% to 14.179 a new 3-months low.
Gold for December delivery was down 0.03% or 0.45 to $1340.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.29% or 0.12 to hit $41.02 a barrel, while the October Brent oil contract fell 0.19% or 0.08 to trade at $43.15 a barrel.
AUD/USD was up 0.24% to 0.7521, while AUD/JPY fell 1.35% to 77.90.
The US Dollar Index was down 0.26% at 96.44.
Source Investing.com