Business
ASX edges higher after strong rebounds in major global markets – NEWS.com.au
ASX edges higher after strong rebounds in major global markets
Australian shares followed strong rebounds in global markets on Tuesday after last weeks losses sparked by the GameStop short-selling bubble.The benchmark S&P/ASX 200 gained 99.6 points, or 1.5 per cent, to 6762.6, with nine of index’s sectors finishing in positive territory.
The broader All Ordinaries index jumped 104.7 points, or 1.5 per cent, to 7027.5.
the Australian dollar was fetching 76.2 US cents and gold was buying $US1854.9 an ounce in afternoon trade.
Westpac market analyst Robert Rennie…
-
Noosa News23 hours agoFrench women charged with smuggling $29m of meth into Australia
-
General21 hours agoAlgal bloom ‘disaster’ prompts royal commission call as impact spreads to mussel farms
-
Noosa News20 hours agoE-bikes shouldn’t be banned. The illegal ones are already illegal
-
General17 hours agoChina was the big disruptor in our region. Now the US is determined to take that title