Australia stocks higher at close of trade; S&P/ASX 200 up 1.17%

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At the close in Sydney, the S&P/ASX 200 gained 1.17%.

The best performers of the session on the S&P/ASX 200 were Champion Iron Ltd (ASX:CIA), which rose 6.15% or 0.390 points to trade at 6.730 at the close. Meanwhile, Auckland International Airport Ltd (ASX:AIA) added 5.37% or 0.36 points to end at 7.06 and Worley Ltd (ASX:WOR) was up 4.96% or 0.56 points to 11.84 in late trade.

The worst performers of the session were Credit Corp Group Ltd (ASX:CCP), which fell 6.34% or 2.21 points to trade at 32.65 at the close. Amcor PLC (ASX:AMC) declined 3.54% or 0.600 points to end at 16.360 and Codan Ltd (ASX:CDA) was down 3.30% or 0.31 points to 9.08.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 902 to 529 and 382 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.58% to 17.111.

Gold Futures for April delivery was up 0.06% or 1.15 to $1802.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.41% or 0.36 to hit $88.56 a barrel, while the April Brent oil contract rose 0.34% or 0.30 to trade at $89.46 a barrel.

AUD/USD was up 0.14% to 0.7136, while AUD/JPY fell 0.10% to 81.66.

The US Dollar Index Futures was down 0.22% at 96.162.