Gains in the Energy, Financials, and Consumer Staples sectors sent Australia’s stock market higher at Tuesday’s market close.
At the closing of trading in Sydney, the S&P/ASX 200 index increased 1.41 percent.
Pointsbet Holdings Ltd (ASX:PBH) had the greatest performance on the S&P/ASX 200 during the day, gaining 9.02 percent or 0.23 points to close at $2.78. Unibail Rodamco Westfield (ASX:URW) gained 6.87 percent or 0.27 points to close at 4.20, while Hub24 Ltd (ASX:HUB) climbed 6.17 percent or 1.10 points to 18.93 in late-day trading.
Megaport Ltd (ASX:MP1) had the lowest performance throughout the session, falling 4.34 percent or 0.23 points to close at 5.07 per share. APA Group (ASX:APA) fell 4.03 percent or 0.45 points to conclude the day at 10.71, while GUD Holdings Ltd (ASX:GUD) down 3.52 percent or 0.28 points to 7.68.
On the Sydney Stock Exchange, rising equities exceeded descending ones by 843 to 613, with 377 remaining unchanged.
Megaport Ltd (ASX:MP1) shares dropped 4.34 percent, or 0.23 points, to $5.07, the lowest level in three years. GUD Holdings Ltd (ASX:GUD) shares dropped to 52-week lows, falling 3.52 percent or 0.28 to $7.68.
The implied volatility index for S&P/ASX 200 options decreased 11.08 percent to 20.68.
Gold Futures for August delivery decreased 4.05 points, or 0.22 percent, to $1,836.55 per troy ounce. Crude oil for August delivery increased 1.83 percent, or $1.98, to $109.97 per barrel, while Brent oil for August delivery increased 0.91 percent, or $1.04, to trade at $115.17 per barrel.
AUD/USD remained constant at 0.70, while AUD/JPY climbed 0.64 percent to 94.46.
At 103.93, US Dollar Index Futures were down 0.32 percent.