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Australian share market closes flat after early rally – NEWS.com.au
Australian share market closes flat after early rally
The Australian share market rallied in morning trade on the back of a strong lead from Wall St before giving up gains to close flat.The benchmark S&P/ASX200 index closed 0.2 of a point lower at 5952.1 while the All Ordinaries Index inched 6.6 points higher to 6141.5.
The S&P/ASX200 had jumped as much as 0.75 per cent, approaching a three-week high and almost eclipsing the key 6000-point mark before pulling back.
ThinkMarkets Australia analyst Carl Capolingua said it was not uncommon af…
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