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ASX ends day higher following hopes of US stimulus – NEWS.com.au
ASX ends day higher following hopes of US stimulus
A hopeful US stimulus package has prompted an upbeat end for Thursdays local trading day, with Australian mining shares rallying off the back of a surging iron ore price. The benchmark S&P/ ASX 200 index ended the session up 57 points or 1 per cent to 5872.9, largely off strong rises in mining and resource stocks.
The broader All Ordinaries added 60 points, or 1 per cent to finish the day at 6069.4, while the Australian dollar was up 0.4 per cent to 71.92 US cents at the close of the local …
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