Australia Market extends gain to third day
At closing bell, the benchmark S&P/ASX200 index advanced by 24.26 points, or 0.31%, to 7,848.50. The broader All Ordinaries index grew 28.51 points, or 0.35%, to 8,109.70.
Total 8 of 11 sectors ended higher along with the S&P/ASX 200 Index. A-REIT was the best performing sector, gaining +1.17%, while information technology was the bottom performing sector, falling 1.2%.
The top performing stocks in S&P/ASX200 index were STANMORE RESOURCES and NANOSONICS, up 6.31% and 4.81% respectively. The bottom performing stocks in S&P/ASX200 index were WISETECH GLOBAL and IRESS, down 2.96% and 2.95% respectively.
Shares of healthcare sector were higher, with Resmed (up 2.2%), Fisher and Paykel Healthcare (up 2.5%) and medical equipment supplier EBOS Group (up 2.6%) among the biggest large-cap advancers.
Materials and resources were also advanced amid firmer metals prices, with heavyweights BHP (up 0.7%), Fortescue (up 1.9%) and Rio Tinto (up 1.9%) all advancing. Whitehaven Coal (up 3%), Mercury NZ (up 3%) and South32 (up 2.5%) were also among the biggest mega-cap advancers.
CURRENCY NEWS: The Australian dollar was trading at $0.663 on Wednesday.
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