Stock Market

S&P/ASX 200 closes 0.26 percent higher in Australia

Energy, Resources, and Metals & Mining led Tuesday’s gains in Australian equities.

Sydney’s S&P/ASX 200 rose 0.26 percent to a 1-month high.

Zip Co Ltd (ASX: ZIP) closed at 1.02, up 19.88% or 0.17 points.Whitehaven Coal Ltd (ASX: WHC) gained 6.40 percent, or 0.39 points, to 6.48, while Nanosonics Ltd (ASX: NAN) gained 6.57 percent, or 0.28 points, to 4.54.

Iress Ltd (ASX: IRE) fell 6.55 percent, or 0.77 points, to close at 10.98.Flight Centre Ltd (ASX: FLT) fell 5.62 percent or 0.99 points to 16.63, while Resolute Mining Ltd (ASX: RSG) dropped 5.45 percent or 0.02 points to 0.26.

The Sydney Stock Exchange had 660 rising stocks, 657 falling, and 367 stable.

Whitehaven Coal Ltd (ASX:WHC) shares increased 6.4% to 6.48.

The VIX of the S&P/ASX 200 index fell 2.03% to 16.25, a one-month low.

Gold futures for August rose 0.28 percent to $1,723.85 per troy ounce. October crude oil for September delivery increased 1.99% to $98.62 a barrel, while October Brent oil rose 2.02% to $102.21 a barrel.

AUD/USD remained at 0.70 while AUD/JPY increased to 95.25.

Futures on the US Dollar Index fell 0.4% to 106.32.

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