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Australian stocks climb up

On Wednesday, Australian stocks traded higher, as revenues in theTelecoms Services, Financials as well as Consumer Staples sectors pushed stocks up.

The S&P/ASX 200 ascended 0.36%.

Platinum Asset Management Ltd went up 11.17%, trading at 5.425, Coal Ltd gained 3.54%, trading at  2.340, while Flexigroup Ltd rose 3.46%, hitting 2.245. These were the best performers of the trading session on the S&P/ASX 200.   

The worst performers of the trading session included Seven West Media Ltd with its 7.10% fall, Santos Ltd with its 5.65% decline and CYBG PLC, slumping 5.29%.

Sagging shares outclassed rising ones on the Australia Stock Exchange by 589 to 457, while 348 were intact.

Shares in Whitehaven Coal Ltd climbed up to 3-years peaks, rising 3.54% to 2.340.

The S&P/ASX 200 VIX, estimating the implied volatility of S&P/ASX 200 options, dipped 9.17% to 16.704.

The currency pair AUD/USD rose 0.20%, trading at 0.7480, while AUD/JPY ascended 0.55%, being worth 77.00.

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