Stocks in Australia went up after the market closed on Thursday, thanks to gains in the gold, energy, and resources sectors.
The S&P/ASX 200 rose 0.50 percent at the end of the day in Sydney, reaching a new one-month high.
The best performer on the S&P/ASX 200 was Resolute Mining Ltd (ASX: RSG), which rose 10.26% or 0.02 points to trade at $0.22 at the end of the day.Ramelius Resources Ltd (ASX:RMS) went up 8.40% or 0.06 points to end at 0.71, and Regis Resources Ltd (ASX:RRL) went up 6.85% or 0.10 points to 1.56 in late trade.
Iluka Resources Ltd (ASX:ILU), which fell 6.31% or 0.59 points to close at 8.76, did the worst of the day’s stocks. Kogan.com Ltd. (ASX: KGN) dropped 5.43 percent, or 0.19 points, to $3.31, while Bank of Queensland Ltd. (ASX: BOQ) dropped 4.81 percent, or 0.37 points, to $7.33.
On the Sydney Stock Exchange, there were 706 stocks that went up, 585 that went down, and 397 that stayed the same.
Related: Australia’s inflation reaches a 32-year high, and the rate alarm goes off.
The implied volatility of S&P/ASX 200 options, which is measured by the S&P/ASX 200 VIX, went down by 5.24% to 17.38, a new 1-month low.
Gold Futures for December delivery went down 0.19%, or $3.25, to $1,665.95 per troy ounce. In other commodity trading, crude oil for December delivery fell 0.40 percent, or $0.35, to $87.56 per barrel, while Brent oil for January delivery fell 0.41 percent, or $0.38, to $93.41 per barrel.
AUD/USD stayed the same at 0.65, while AUD/JPY went down by 0.7% to 94.40.
The US Dollar Index futures were up 0.08 percent at 109.64.