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Australian share market climbs on federal budget stimulus hopes – NEWS.com.au
Australian share market climbs on federal budget stimulus hopes
The Australian share market spent much of the day in negative territory but clawed into the green towards the end as investors hoped for substantial stimulus measures in the federal budget.The S&P/ASX200 closed 0.35 per cent higher at 5962.1 while the All Ordinaries Index added 0.47 per cent to 6164.2.
ThinkMarkets analyst Carl Capolingua said there were plenty of things that could have moved the market, but it ended up being a relatively quiet session, “which is a welcome change from the c…
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