ASX Round-Up: ASX Closes at High of 5,135 Points

After opening at 5,092.4 points, the Australian Securities Exchange (ASX) fell to a low of 5,075.9 points before closing at a high of 5,135 points.

The Australian market was helped by better-than-expected US economic growth data as well as a vote from Britain against any military strike against Syria, The Sydney Morning Herald reported. The US had contemplated taking action against the country this week after Syria allegedly used chemical weapons.

Regis Resources (ASX:RRL), a gold exploration and production company, saw the highest gains on the ASX today, increasing by $0.24, or nearly 6 percent, to hit $4.308. Rare earths company Lynas Corporation (ASX:LYC) also increased on the ASX today, gaining $0.015, or 4 percent, to $0.39.

Monadelphous Group (ASX:MND) also rose. The energy industry services company gained $0.57, or 3.17 percent, to reach $18.551.

However, PanAust (ASX:PNA), a mining and mineral exploration company, fell on the ASX today, dropping 2.24 percent, or $0.05, to $2.182.