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ASX bounces back from morning sell-off – NEWS.com.au
ASX bounces back from morning sell-off
Australian stocks ended the session higher, bouncing back from falls at the open spurred on by short-selling jitters in wake of the GameStop saga. The benchmark S&P/ASX 200 index jumped 55.6 points, or 0.8 per cent, to 6663 at the close, with nine of the 11 index sectors ending higher.
The broader All Ordinaries index rose 51.9 points, or 0.8 per cent, to 6922.8, while the Australian dollar was fetching 76.52 US cents and gold was buying $US1861.8 per ounce at the close of trading.
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