Australia stocks higher at close of trade; S&P/ASX 200 up 1.72%

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At the close in Sydney, the S&P/ASX 200 added 1.72% to hit a new 6-months high.

The best performers of the session on the S&P/ASX 200 were Virgin Money PLC (ASX:VUK), which rose 14.29% or 0.30 points to trade at 2.40 at the close. Meanwhile, Whitehaven Coal Ltd (ASX:WHC) added 8.89% or 0.100 points to end at 1.225 and Oil Search Ltd (ASX:OSH) was up 7.55% or 0.250 points to 3.560 in late trade.

The worst performers of the session were Ramelius Resources Ltd (ASX:RMS), which fell 5.42% or 0.110 points to trade at 1.920 at the close. JB Hi-Fi Ltd (ASX:JBH) declined 4.39% or 2.04 points to end at 44.42 and Westgold Resources Ltd (ASX:WGX) was down 4.17% or 0.110 points to 2.530.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 761 to 515 and 311 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.18% to 20.201.

Gold Futures for December delivery was down 0.04% or 0.80 to $1875.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.37% or 0.98 to hit $42.34 a barrel, while the January Brent oil contract rose 2.25% or 0.98 to trade at $44.59 a barrel.

AUD/USD was up 0.23% to 0.7301, while AUD/JPY rose 0.34% to 76.95.

The US Dollar Index Futures was up 0.02% at 92.752.

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