Australian stocks were higher at the close; S&P/ASX 200 rose by 1.06% from Investing.com


© Reuters. The Australian stock market closed higher; the S&P/ASX 200 index rose 1.06%

Investing.com-The Australian stock market closed higher on Thursday, with rising stocks and stocks leading the stock index higher.

At the close in Sydney, the index rose 1.06%, a record high.

The best performer in the meeting is Pilbara Minerals Co., Ltd. (ASX:) rose 10.10% or 0.155 points to close at 1.690. At the same time, Lynas Rare Earths Ltd (ASX:) rose 9.01% or 0.530 points to close at 6.410; Iluka Resources Ltd (ASX:) rose 7.24% or 0.630 points to close at 9.330 in late trading.

The worst performing stock was Zip Co Ltd (ASX:), which fell 7.78% (0.59 points) and closed at 6.99. Kogan.com Ltd (ASX:) fell 3.11% or 0.36 points to close at 11.20, and Omni Bridgeway Ltd (ASX:) fell 1.69% or 0.06 points to close at 3.49.

The number of rising stocks on the Sydney Stock Exchange exceeded the 789 falling stocks, reaching 547, and 408 stocks remained unchanged.

The share price of Pilbara Minerals Ltd (ASX:) rose to a record high; it rose 10.10% or 0.155 to 1.690.

The indicator measuring the implied volatility of S&P/ASX 200 options fell 2.62% to 11.910.

Gold futures for August delivery fell 0.13%, or US$2.30, to US$1801.10 per troy ounce. In other commodity transactions, crude oil for September delivery fell 0.23% or US$0.16 to US$70.14 per barrel, while the September Brent crude oil contract fell 0.35% or US$0.25 to US$71.98 per barrel.

AUD/USD rose 0.22% to 0.7375, while AUD/JPY rose 0.20% to 81.30.

The dollar index futures fell 0.01% to 92.752.

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