ASX hits new post-March high

The S&P/ASX 200 Index (ASX: XJO) has done it again, banking yet another week in the green to turn its 6-week winning streak into 7. The gains also helped the ASX 200 hit its highest level since the March share market crash. All of this was despite a nasty fall on Friday as the extent of the Sydney coronavirus cluster became clear.

So, it was a rather dramatic week on the share market last week. Friday saw the ASX 200 hit 6,756.7 points upon market open, a new post-March high watermark for the index. At that level, the ASX 200 was up 1% year to date, and up almost 47% since the March lows.

But that wasn’t the only high we saw last week. We also saw the Aussie dollar climb to a new 2½-year level last week when it reached as high…