Australian Stocks Performance

Investing.com – Australia stocks were higher after the close on Wednesday, as gains in the IT, Financials, and Consumer Discretionary sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 0.83%.

Best Performers

• Zip Co Ltd (ASX:ZIP): +6.61% or +0.20 points to 3.15
• Bluescope Steel Ltd (ASX:BSL): +5.98% or +1.23 points to 21.79
• Appen Ltd (ASX:APX): +5.85% or +0.12 points to 2.17

Worst Performers

• Domain Holdings Australia Ltd (ASX:DHG): -6.09% or -0.19 points to 2.86
• IGO Ltd (ASX:IGO): -4.85% or -0.26 points to 5.10
• Skycity Entertainment Group Ltd (ASX:SKC): -4.28% or -0.06 points to 1.23

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 552 to 463, with 418 ending unchanged.

Shares in Zip Co Ltd (ASX:ZIP) rose to 52-week highs, gaining 6.61% or 0.20 to 3.15.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 13.50% to 11.82.

Commodities Overview

• Gold Futures for December delivery: -0.07% or -2.05 to $2,747.65 a troy ounce
• Crude Oil for December: -1.29% or -0.93 to $71.06 a barrel
• Brent Oil (January contract): -1.32% or -1.00 to $74.53 a barrel

Currency Exchange Rates

• AUD/USD: -1.29% to 0.65
• AUD/JPY: -0.14% to 100.52

US Dollar Index

• US Dollar Index Futures: +1.25% at 104.61.