Australia Stocks end 0.31% up

Australia stock market closed session higher on Monday, 14 May 2018, tracking Wall Street's modest gains on Friday, with strong iron ore prices buoying miners and healthcare stocks up on takeover battle for the hospital operator Healthscope, while lower oil prices pressured energy stocks and disappointing earning outlook weighed on Telstra. The benchmark S&P/ASX200 index was up 19.1 points, or 0.31%, to 6,135.3 points, while the broader All Ordinaries rose 18.6 points, or 0.30%, to 6,235 points. Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 616 to 608 and 385 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.05% to 10.888.

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