Australia stocks higher at close of trade; S&P/ASX 200 up 0.70%

Australia stocks were higher after the close on Monday, as gains in the Energy, Resources and Metals & Mining sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 added 0.70% to hit a new all time high.

The best performers of the session on the S&P/ASX 200 were Fletcher Building Ltd (ASX:FBU), which rose 6.00% or 0.15 points to trade at 2.65 at the close. Meanwhile, Mineral Resources Ltd (ASX:MIN) added 4.72% or 2.32 points to end at 51.46 and Tabcorp Holdings Ltd (ASX:TAH) was up 4.21% or 0.02 points to 0.50 in late trade.

The worst performers of the session were Resolute Mining Ltd (ASX:RSG), which fell 4.52% or 0.04 points to trade at 0.74 at the close. Nine Entertainment Co Holdings Ltd (ASX:NEC) declined 3.85% or 0.05 points to end at 1.25 and Breville Group Ltd (ASX:BRG) was down 3.31% or 1.17 points to 34.15.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 578 to 547 and 491 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 2.68% to 11.83.

Gold Futures for December delivery was up 0.49% or 13.00 to $2,681.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.16% or 0.79 to hit $68.97 a barrel, while the December Brent oil contract rose 1.27% or 0.91 to trade at $72.45 a barrel.

AUD/USD was unchanged 0.39% to 0.69, while AUD/JPY unchanged 0.00% to 98.28.

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