© Reuters. Australia shares higher at close of trade; S&P/ASX 200 up 1.74%

Investing.com – Australia equities were higher at the close on Monday, as gains in the , and sectors propelled shares higher.

At the close in Sydney, the added 1.74% to hit a new 5-year high.

The biggest gainers of the session on the were NIB Holdings (AX:), which rose 15.79% or 0.930 points to trade at 6.820 at the close. Medibank Private Ltd (AX:) added 11.46% or 0.330 points to end at 3.210 and Emeco Holdings Ltd (AX:) was up 9.14% or 0.170 points to 2.030 in late trade.

Biggest losers included Webjet Ltd (AX:), which lost 7.74% or 1.300 points to trade at 15.500 in late trade. Nearmap Ltd (AX:) declined 5.74% or 0.220 points to end at 3.610 and Altium Ltd (AX:) shed 4.63% or 1.510 points to 31.100.

Advancing stocks outnumbered falling ones by 635 to 558 and 377 ended unchanged on the Sydney Stock Exchange.

The , which measures the implied volatility of S&P/ASX 200 options, was down 1.20% to 13.853.

In commodities trading, Gold Futures for June delivery was down 0.02% or 0.25 to $1275.45 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.29% or 0.81 to hit $63.73 a barrel, while the July Brent oil contract rose 1.37% or 0.99 to trade at $73.20 a barrel.

AUD/USD was up 0.82% to 0.6925, while AUD/JPY rose 0.31% to 76.27.

The US Dollar Index Futures was up 0.04% at 97.868.

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