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Australia stocks higher at close of trade; S&P/ASX 200 up 0.16%

Australia stocks higher at close of trade; S&P/ASX 200 up 0.16%

Australia's stock market saw a slight upward trend at the close of trade on Wednesday, with the S&P/ASX 200 index rising by 0.16%, according to Reuters. The increase was driven by gains in the Telecoms Services, Industrials, and Financials sectors. The best performers of the day on the S&P/ASX 200 were Mesoblast Ltd, Beach Energy Ltd, and Megaport Ltd. Meanwhile, Nextdc Ltd, Telix Pharmaceuticals Ltd, and Reliance Worldwide Corporation Ltd were among the worst performers.

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