Business
ASX sprints across the line despite conflicting COVID-19 news – weekly review – Small Caps
Like a sprinter lunging towards the finish line the Australian market enjoyed a late surge on Friday to help the ASX 200 index to finish the week 1.9% higher.
Like a sprinter lunging towards the finish line the Australian market enjoyed a late surge on Friday to help the ASX 200 index to finish the week 1.9% higher.
For most of Friday the market was subdued and waiting on more news on COVID-19 but a late surge in the last ten minutes saw it close up 22.7 points, or 0.4%, higher at 6033.6 points.
During the week there has been a tug of war going on around COVID-19 with promising reports on a vaccine lifting markets while fairly discouraging infection…
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