Australia stocks higher at close of trade; S&P/ASX 200 up 0.85%

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 added 0.85% to hit a new all time high.

The best performers of the session on the were Pilbara Minerals Ltd (ASX:), which rose 11.43% or 0.040 points to trade at 0.390 at the close. Meanwhile, Elders Ltd (ASX:) added 8.29% or 0.520 points to end at 6.790 and Avita Medical (ASX:) was up 7.41% or 0.050 points to 0.725 in late trade.

The worst performers of the session were Pendal Group Ltd (ASX:), which fell 5.12% or 0.460 points to trade at 8.530 at the close. Costa Group Holdings Ltd (ASX:) declined 2.73% or 0.070 points to end at 2.490 and Cooper Energy Ltd (ASX:) was down 2.50% or 0.015 points to 0.585.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 686 to 485 and 343 ended unchanged.

Shares in Avita Medical (ASX:) rose to 5-year highs; up 7.41% or 0.050 to 0.725.

The , which measures the implied volatility of S&P/ASX 200 options, was down 4.72% to 11.011.

Gold Futures for February delivery was down 0.69% or 10.75 to $1539.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.07% or 0.04 to hit $58.12 a barrel, while the March Brent oil contract rose 0.16% or 0.10 to trade at $64.30 a barrel.

AUD/USD was up 0.03% to 0.6905, while AUD/JPY rose 0.18% to 76.02.

The US Dollar Index Futures was up 0.02% at 97.075.

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