Australia stocks higher at close of trade; S&P/ASX 200 up 0.86%

Investing.com – Australia stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher.

At the close in Sydney, the gained 0.86% to hit a new 1-month high.

The best performers of the session on the were Magellan Financial Group Ltd (ASX:), which rose 5.84% or 0.50 points to trade at 9.06 at the close. Meanwhile, Credit Corp Group Ltd (ASX:) added 3.83% or 0.74 points to end at 20.06 and AUB Group Ltd (ASX:) was up 3.49% or 0.96 points to 28.45 in late trade.

The worst performers of the session were Premier Investments Ltd (ASX:), which fell 4.06% or 0.89 points to trade at 21.03 at the close. Atlas Arteria (ASX:) declined 3.58% or 0.23 points to end at 6.19 and Omni Bridgeway Ltd (ASX:) was down 3.31% or 0.09 points to 2.63.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 724 to 627 and 418 ended unchanged.

Shares in AUB Group Ltd (ASX:) rose to all time highs; rising 3.49% or 0.96 to 28.45.

The , which measures the implied volatility of S&P/ASX 200 options, was up 0.55% to 12.05.

Gold Futures for August delivery was down 0.22% or 4.35 to $1,966.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.49% or 0.35 to hit $71.58 a barrel, while the August Brent oil contract rose 0.30% or 0.23 to trade at $76.32 a barrel.

AUD/USD was unchanged 0.64% to 0.68, while AUD/JPY fell 0.87% to 96.42.

The US Dollar Index Futures was up 0.12% at 101.96.