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Australia stocks higher at close of trade; S&P/ASX 200 up 0.78%

At the close in Sydney, the S&P/ASX 200 rose 0.78%.

The best performers of the session on the S&P/ASX 200 were Fortescue Metals Group Ltd (ASX:FMG), which rose 9.81% or 1.550 points to trade at 17.350 at the close. Meanwhile, Champion Iron Ltd (ASX:CIA) added 8.04% or 0.340 points to end at 4.570 and Mirvac Group (ASX:MGR) was up 5.00% or 0.14 points to 2.94 in late trade.

The worst performers of the session were Bapcor Ltd (ASX:BAP), which fell 9.58% or 0.79 points to trade at 7.46 at the close. Wisetech Global Ltd (ASX:WTC) declined 5.63% or 3.16 points to end at 53.00 and Silver Lake Resources Ltd (ASX:SLR) was down 5.60% or 0.100 points to 1.685.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 826 to 601 and 375 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 6.57% to 12.551.

Gold Futures for December delivery was up 0.12% or 2.15 to $1808.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.08% or 0.83 to hit $75.92 a barrel, while the January Brent oil contract fell 0.72% or 0.57 to trade at $79.13 a barrel.

AUD/USD was up 0.02% to 0.7225, while AUD/JPY fell 0.07% to 82.90.

The US Dollar Index Futures was down 0.13% at 96.422.

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