Business
Telstra (ASX:TLS) share price hits new 8-month high
The Telstra Corporation Ltd (ASX: TLS) share price has once again hit a new high watermark. Telstra shares are today on the rise, up 1.46% at the time of writing to $3.48 a share.
That’s a pretty decent move, especially if you consider the broader S&P/ASX 200 Index (ASX: XJO) has gone backwards today. The ASX 200 is currently down 0.39% to 6,977 points today after touching 7,000 points for the first time since the pandemic started last week.
Today’s Telstra share price moves continue a recent run of bullish sentiment from investors for the ASX’s biggest telco. Telstra is now trading at its highest share price since August 2020. It was only back on 11 March, less than a month ago, that Telstra was asking just $3.06 a…
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