Australia stocks higher at close of trade; S&P/ASX 200 up 0.49%

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At the close in Sydney, the S&P/ASX 200 added 0.49%.

The best performers of the session on the S&P/ASX 200 were Southern Cross Media Group Ltd (ASX:SXL), which rose 13.04% or 0.015 points to trade at 0.130 at the close. Meanwhile, Webjet Ltd (ASX:WEB) added 9.65% or 0.22 points to end at 2.50 and NRW Holdings Ltd (ASX:NWH) was up 8.47% or 0.12 points to 1.60 in late trade.

The worst performers of the session were Nearmap Ltd (ASX:NEA), which fell 5.95% or 0.075 points to trade at 1.185 at the close. Challenger Ltd (ASX:CGF) declined 5.61% or 0.240 points to end at 4.040 and Lynas Corporation Ltd (ASX:LYC) was down 5.52% or 0.090 points to 1.540.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 636 to 501 and 351 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 10.76% to 27.244.

Gold Futures for June delivery was up 0.45% or 7.90 to $1753.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.91% or 0.48 to hit $16.98 a barrel, while the June Brent oil contract rose 1.36% or 0.29 to trade at $21.62 a barrel.

AUD/USD was down 0.30% to 0.6350, while AUD/JPY fell 0.26% to 68.34.

The US Dollar Index Futures was up 0.21% at 100.745.

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