Investing.com – Australia stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

The Sydney closing price was 0.99%.

They were the top performers at the session Champion Iron Ltd (ASX:), rose 5.29% (0.37 points) to trade at 7.37 at close. Meanwhile, South32 Ltd (ASX.) gained 5.15% (or 0.23 points) to close at 4.70. Corporate Travel Managment Ltd. (ASX.) was up 5.07% (or 1.08 points) to 22.39 late trade.

Polynovo Ltd. (ASX) was the worst performer of the session, falling 4.63% or 0.06 point to close at 1.24. Sims Metal Management Ltd. (ASX) fell 3.41%, or 0.63 points, to close at 17.85. AP Eagers Ltd. (ASX) dropped 3.28%, or 0.39 point to 11.50.

The Sydney Stock Exchange saw rising stocks surpass declining stocks by 879, 549, and 385 respectively.

The , which measures the implied volatility of S&P/ASX 200 options, was down 3.65% to 16.59.

The June delivery of Gold Futures was lower by 0.25%, or 4.58, to $1814.32 per troy ounce. Other commodities traded included Crude oil, which rose by 1.56 percent to reach $111.19/barrel, and the July Brent Oil contract, which rose by 1.09% to trade at $113.15/barrel.

The AUD/USD exchange rate was stable at 0.70 USD, and the AUD/JPY traded down 0.33% to 90.65.

US Dollar Index Futures were up 0.9% to 103.61.