Business
Aussie shares hit new heights on hopes of strong US growth – weekly review – Small Caps
Australian shares finally surged to fresh highs, virtually erasing all of the hefty losses of the COVID-19 wobbles to hit a new 15-month record close.
Australian shares finally surged to fresh highs, virtually erasing all of the hefty losses of the COVID-19 wobbles to hit a new 15-month record close.
Rises were broad based across most sectors as investors parked their worries about inflation for now and instead celebrated the record amounts of stimulus that look set to be pumped into the United States.
The new closing high saw the ASX 200 finish up 1.2% to 7179.5 points as the two big barbell sectors of the Australian market resources and banks…
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