Australia stocks higher at close of trade; S&P/ASX 200 up 0.50%

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At the close in Sydney, the S&P/ASX 200 rose 0.50% to hit a new 1-month high.

The best performers of the session on the S&P/ASX 200 were Resolute Mining Ltd (ASX:RSG), which rose 10.26% or 0.02 points to trade at 0.22 at the close. Meanwhile, Ramelius Resources Ltd (ASX:RMS) added 8.40% or 0.06 points to end at 0.71 and Regis Resources Ltd (ASX:RRL) was up 6.85% or 0.10 points to 1.56 in late trade.

The worst performers of the session were Iluka Resources Ltd (ASX:ILU), which fell 6.31% or 0.59 points to trade at 8.76 at the close. Kogan.com Ltd (ASX:KGN) declined 5.43% or 0.19 points to end at 3.31 and Bank Of Queensland Ltd. (ASX:BOQ) was down 4.81% or 0.37 points to 7.33.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 706 to 585 and 397 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 5.24% to 17.38 a new 1-month low.

Gold Futures for December delivery was down 0.19% or 3.25 to $1,665.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.40% or 0.35 to hit $87.56 a barrel, while the January Brent oil contract fell 0.41% or 0.38 to trade at $93.41 a barrel.

AUD/USD was unchanged 0.29% to 0.65, while AUD/JPY fell 0.71% to 94.40.

The US Dollar Index Futures was up 0.08% at 109.64.