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ASX keeps climbing, on track for seventh straight week of gains – NEWS.com.au
ASX keeps climbing, on track for seventh straight week of gains
The Australian sharemarket climbed higher, with big banks and resources stocks gaining ground, while the latest economic and employment figures buoyed sentiment.The benchmark S&P/ASX200 index soared 1.16 per cent to 6756.7 – the best level since February 25 – while the All Ordinaries Index gained 1.21 per cent to 7000.1.
CommSec analyst Steve Daghlian said the market remained on track for its seventh straight week of gains.
The latest federal Treasury figures showed the economy was rebounding faster…
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