Business
Australian sharemarket once again rallies to fresh record high, propelled by commodities prices, economy figures – NEWS.com.au
Australian sharemarket once again rallies to fresh record high, propelled by commodities prices, economy figures
The Australian sharemarket hit record heights on Wednesday, thanks to stronger commodity prices and better-than-expected GDP figures.The S&P/ASX200 leapt 1.05 per cent to 7217.8 while the All Ordinaries Index jumped 1.04 per cent to 7468.9.
That compares to respective closes of 7179.5 and 7424 reached on Friday.
OMG chief executive Ivan Tchourilov said it had been “a really quiet” week until today as investors waited for GDP data.
The data showed the economy was back to pre-pandemic levels, expanding…
-
Business23 hours agoWhy this fantastic blue chip ASX 200 share could rise 20%
-
General22 hours agoAlbanese government to freeze construction code until 2029, fast-track housing approvals
-
General15 hours agoPhotographers reveal iconic image of Gough Whitlam and Vincent Lingiari was posed on Wave Hill Walk-Off anniversary
-
Noosa News16 hours agoConcerns over WHO pandemic agreement