The S&P/ASX 200 index up 0.78 percent at the closing of trading in Australia.
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Stocks in Australia rose after the close on Tuesday, led by advances in the Resources, Energy, and Metals & Mining sectors. The S&P/ASX 200 index increased 0.78 percent at the close in Sydney.
Fortescue Metals Group Ltd (ASX: FMG) was the highest performer on the S&P/ASX 200 during the session, rising 9.81 percent or 1.550 points to close at 17.350.
In late trade, Champion Iron Ltd (ASX: CIA) rose 8.04 percent or 0.340 points to 4.570, while Mirvac Group (ASX: MGR) rose 5.00 percent or 0.14 points to 2.94. Bapcor Ltd (ASX: BAP) was the worst performer of the session, falling 9.58 percent or 0.79 points to close at 7.46. Silver Lake Resources Ltd (ASX: SLR) down 5.60 percent or 0.100 points to 1.685, while Wisetech Global Ltd (ASX: WTC) fell 5.63 percent or 3.16 points to 53.00.
On the Sydney Stock Exchange, declining equities outweighed advancing ones by 826 to 601, with 375 remaining unchanged.
The implied volatility of S&P/ASX 200 options was up 6.57 percent to 12.551 on the S&P/ASX 200 VIX. Gold futures for December delivery rose 2.15 percent to $1808.45 a troy ounce, up 0.12 percent.
In other commodities trading, January crude oil slid 1.08 percent, or 0.83, to $75.92 a barrel, while the January Brent oil contract declined 0.72 percent, or 0.57, to $79.13 a barrel.
The Australian dollar rose 0.02 percent to 0.7225, while the Australian dollar declined 0.07 percent to 82.90. The US Dollar Index Futures were trading at 96.422, down 0.13 percent.
Story by : Norvisi Mawunyegah