The S&P/ASX 200 is up 1.41 percent at the end of the trading day in Australia.
After Tuesday’s market closed, shares in Australia went up because the energy, financials, and consumer staples sectors all did better.
By the end of the day in Sydney, the S&P/ASX 200 had risen 1.41 percent.
Pointsbet Holdings Ltd (ASX:PBH) performed the best on the S&P/ASX 200, rising 9.02 percent or 0.23 points to trade at $2.78 at the close.Unibail Rodamco Westfield (ASX:URW) increased 6.87 percent, or 0.27 point, to $4.20, while Hub24 Ltd (ASX:HUB) increased 6.17 percent, or 1.10 point, to $18.93.
Megaport Ltd (ASX: MP1), which fell 4.34 percent or 0.23 points to trade at 5.07 at the end of the day, did the worst of the day’s stocks. GUD Holdings Ltd (ASX: GUD) fell 3.52 percent, or 0.28 points, to 7.68. APA Group (ASX: APA) fell 4.03 percent, or 0.45 points, to 10.71.
On the Sydney Stock Exchange, there were 843 stocks that went up, 613 that went down, and 377 that stayed the same.
Megaport Ltd. (ASX: MP1) shares fell 4.34 percent, or $0.23, to $5.07, their lowest level in three years.GUD Holdings Ltd (ASX:GUD) shares fell to their lowest level in 52 weeks, falling 3.52 percent, or 0.28, to 7.68.
The implied volatility of S&P/ASX 200 options, as measured by the VIX, fell 11.08 percent to 20.68.
Gold futures for August delivery fell 0.22 percent, or $4.05 per troy ounce, to $1,836.55 per troy ounce. Crude oil for delivery in August went up 1.83 percent, or $1.98, to $109.97 a barrel, and the Brent oil contract for August went up 0.91 percent, or $1.04, to $115.17 a barrel.
The AUD/USD rate remained unchanged at 0.70, up 0.53 percent, while the AUD/JPY rate rose 0.64 percent to 94.46.
The US Dollar Index futures were down 0.32 percent at 103.93.