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Australian sharemarket maintains upward momentum, mining stocks the big winners – NEWS.com.au
Australian sharemarket maintains upward momentum, mining stocks the big winners
The Australian sharemarket maintained its upwards momentum after last weeks strong performance, helped by a strong lead from Wall Street, with miners the big winners.The benchmark S&P/ASX200 index briefly breached 6900 before finishing 0.59 per cent higher at 6880.7 – a level not seen since February 25 last year.
The All Ordinaries Index gained 0.67 per cent to 7160.8.
OpenMarkets Group chief executive Ivan Tchourilov said the ASX continued its upward trend as a big earnings season week kicked off.
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