Australian stock market closed higher; S&P/ASX 200 gained 2.01%

02.03.2016

Australian stock market closed Wednesday trading up due to consolidation of the energy, finance and raw materials sectors.

At the time of closing of the Sydney Stock Exchange, S&P/ASX 200 rose 2.01%.

The leaders of growth among the components of S&P/ASX 200 were shares of Mesoblast (AX: MSB), which rose 0.620 p. (28.18%), closing at 2.820. Quotes of WorleyParsons Ltd (AX: WOR) rose 0.750 p. (17.44%), ending trading at 5.050. Papers of AWE Ltd (AX: AWE) rose 0.060 p. (11.54%), to 0.580.

Leaders of falling were the shares of Slater & Gordon Ltd (AX: SGH), the price of which has fallen by 0.055 p. (17.46%), ending the session at around 0.260. Shares of Seven West Media Ltd (AX: SWM) rose 0.085 p, (8.25%) to close at 0.945, and the Northern Star Resources (AX: NST) shares decreased in price by 0.300 p. (7.43%) and finished trading at around 3.740.

On the Sydney stock exchange, the number of advancing securities (562) exceeded the number closed in red (391), and quotes of 264 shares remained virtually unchanged.

Stock quotes of Slater & Gordon Ltd (AX: SGH) have fallen to historic lows, dropping 17.46%, or 0.055, and finished trading at around 0.260.

The Volatility Index S&P/ASX 200 VIX, which is based on options trading on the S&P/ASX 200, fell 5.93% to reach 20.027.

Gold futures for April delivery lost 0.21%, or 2.60, reaching $ 1228.20 per ounce. As for other commodities, the price of oil WTI for April delivery fell 0.52%, or 0.18, to $ 34.22 a barrel. Futures for Brent crude for May delivery rose 0.24%, or 0.09, to $ 36.90 a barrel.

Meanwhile, AUD/USD rose 0.89% to 0.7238, and AUD/JPY rose 1.21%, reaching 82.78.

USD Index, which tracks the US currency against a basket of 6 majors, rose 0.15% to 98.49.

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