Business
ASX rises 0.5pc, buoyed by falling bond yields, CBA and CSL – The Australian Financial Review
A strong performance from a number of blue chips helped the Australian sharemarket climb to its highest level in a week on Wednesday, supported by a fall in bond…
Strong advances from a number of blue chip stocks drove the local sharemarket higher.
CSL firmed 1.9 per cent to $266.02, Commonwealth Bank added 1.9 per cent to $86.37, Wesfarmers rose 2 per cent to $52.13, Woolworths climbed 1.6 per cent to $40.33, Goodman Group closed 3.2 per cent higher at $18.03 and Cochlear advanced 3.7 per cent to $213.08.
REA Group surged 4.9 per cent to $140.61. after it was upgraded to outperform by Macquarie, which said the company was its preferred online real estate…
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