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Australian sharemarket flat as Afterpay shares climb to record high – NEWS.com.au
Australian sharemarket flat as Afterpay shares climb to record high
The Australian sharemarket finished flat after two straight days of gains, with buy-now-pay-later market darling Afterpay among the winners along with iron ore and energy stocks.The S&P/ASX200 closed just 0.10 points higher at 6715.4 while the All Ordinaries Index inched ahead by 4.1 points to 6986.8.
Axi chief global market strategist Stephen Innes said US stocks edged lower overnight as investors awaited details of the incoming Biden administration’s plans for a new coronavirus relief package.
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