After the close of trade on Friday, Australia stocks increased as gains in the Consumer Staples,Healthcare and IT sectors led shares higher.
At the close in Australia, the S&P/ASX 200 increased 0.60%.
The best performers of the session on the S&P/ASX 200 were Mantra Group Ltd(AX:MTR), which increased 5.49% or 0.145 points to trade at 2.785 at the close. In the meantime, Sirtex Medical Ltd (AX:SRX) added 4.59% or 0.770 points to end at 17.560 and CSR Ltd (AX:CSR) increased 4.36% or 0.190 points to 4.550 in late trade.
The worst performers of the session were Macquarie Atlas Roads Group (AX:MQA), which fell 5.95% or 0.290 points to trade at 4.580 at the close. Aconex Ltd (AX:ACX) declined 4.37% or 0.160 points to end at 3.500 and Vocus Fpo (AX:VOC) declined 3.63% or 0.160 points to 4.250.
Increasing stocks outnumbered decreasing ones on the Australia Stock Exchange by 566 to 510 and 348 ended unmoved.
The S&P/ASX 200 VIX, which gauges the implied volatility of S&P/ASX 200 options, declined 21.04% to 8.825 a new all time low.
Delivery of gold futures for April declined 0.51% or 6.15 to $1197.05 a troy ounce. Elsewhere in commodities trading, delivery of crude oil in April increase 0.67% or 0.33 to hit $49.61 a barrel, while the May Brent oil contract increased 0.61% or 0.32 to trade at $52.51 a barrel.
AUD/USD increased 0.17% to 0.7519, while AUD/JPY surge 0.51% to 86.72.
The US Dollar Index Futures were down 0.10% at 101.88.
On Additional News
On Friday, Asian stocks inched up and the greenback increase to 1-1/2-month peaks against the yen, in advance of the closely observed U.S. non-farm payrolls report set later in the day.
MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2%, taking cues from a modest bounce on Wall Street overnight.
Japan’s Nikkei increased 1.5% on the back of a weaker yen.
Shares in South Korea increased 0.3% and the won firmed slightly after the country’s Constitutional Court upheld parliament’s impeachment of President Park Geun-hye over a graft scandal involving big business, according to the reports.
“Today’s ruling will help remove market uncertainty. Should the liberal party, which emphasizes reform of conglomerates, take power, this will put pressure on heavyweight shares like Samsung Electronics (KS:005930),” said Park Jung-Hoon, fund manager at HDC Asset Management in Seoul.
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