Australia stocks higher at close of trade; S&P/ASX 200 up 0.52%

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At the close in Sydney, the S&P/ASX 200 rose 0.52%.

The best performers of the session on the S&P/ASX 200 were Zip Co Ltd (ASX:Z1P), which rose 12.16% or 1.16 points to trade at 10.70 at the close. Meanwhile, Megaport Ltd (ASX:MP1) added 7.33% or 0.97 points to end at 14.20 and Viva Energy Group Ltd (ASX:VEA) was up 6.32% or 0.110 points to 1.850 in late trade.

The worst performers of the session were Cimic Group Ltd (ASX:CIM), which fell 17.08% or 4.44 points to trade at 21.56 at the close. Bravura Solutions Ltd (ASX:BVS) declined 7.48% or 0.24 points to end at 2.97 and Crown Ltd (ASX:CWN) was down 3.35% or 0.340 points to 9.810.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 699 to 672 and 343 ended unchanged.

Shares in Zip Co Ltd (ASX:Z1P) rose to all time highs; rising 12.16% or 1.16 to 10.70.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.42% to 14.663.

Gold Futures for April delivery was up 0.46% or 8.45 to $1845.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.10% or 0.06 to hit $58.30 a barrel, while the April Brent oil contract fell 0.21% or 0.13 to trade at $61.09 a barrel.

AUD/USD was up 0.12% to 0.7748, while AUD/JPY rose 0.06% to 80.97.

The US Dollar Index Futures was down 0.07% at 90.358.

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