General
ASX set to go higher as COVID-19 border restrictions ease across the country
The Australian share market is tipped to continue its pandemic recovery today, as the easing of border restrictions nationally boosts investors’ spirits.
The ASX 200 closed on a nine-month high yesterday.
At 6,683 points, the benchmark index had clawed its way back to where it was on January 1. But it would need to hit well over 7,000 to surpass its record intraday high from February.
Investors especially put their money behind beleaguered travel stocks, such as Webjet, Flight Centre and Qantas.
That came as border restrictions between all the major states except Western Australia were lifted.
The market was also buoyed by fresh highs in the United States.
The Dow Jones index topped 30,000 points for the first time, due to COVID-19 vaccine…
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