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Australia Stocks Close Higher; S&P/ASX 200 Up 0.45%

Australia stocks saw gains at the close of trading on Tuesday, with the IT, Healthcare, and Financials sectors leading the charge.

The S&P/ASX 200 index rose by 0.45% at the close in Sydney.

Among the top performers on the S&P/ASX 200 were Mesoblast Ltd (ASX:MSB), which surged by 13.84% to 0.90, followed by Kogan.com Ltd (ASX:KGN), up 5.57% to 7.01, and Iluka Resources Ltd (ASX:ILU), which gained 5.41% to 7.60.

On the flip side, Brambles Ltd (ASX:BXB) experienced a decline of 5.95%, closing at 14.70, while Regis Resources Ltd (ASX:RRL) fell by 5.00% to 2.09, and Ramelius Resources Ltd (ASX:RMS) dropped 4.85% to 1.96.

The Sydney Stock Exchange saw more falling stocks than advancing ones, with 602 declines, 541 advances, and 421 unchanged.

The S&P/ASX 200 VIX, reflecting the implied volatility of S&P/ASX 200 options, decreased by 10.47% to 11.82.

In commodities trading, Gold Futures for June delivery fell by 1.29% to $2,316.05 a troy ounce. Meanwhile, Crude oil for delivery in June rose by 0.20% to $82.06 a barrel, and the June Brent oil contract increased by 0.22% to $87.19 a barrel.

The AUD/USD pair remained unchanged at 0.65, while the AUD/JPY pair fell by 0.04% to 99.83.

The US Dollar Index Futures rose by 0.14% to 106.07.