Business
ASX200 rallies amid Westpac consumer confidence fears of second wave – NEWS.com.au
ASX rises 1.9 per cent despite fears of COVID lockdown
Australian stocks made strong gains on Wednesday despite fresh fears COVID-19 clusters could prompt a second shutdown. The benchmark S&P/ASX200 rose 112 points, or 1.9 per cent to 6052.9, largely off the back of strong gains in consumer discretionary, healthcare, technology and material listed companies.
The broader All Ordinaries climbed 115 points, or 1.9 per cent, to 6160.4, while the Australian dollar at the end of the session rose 0.4 per cent to 70 US cents.
Wednesday’s rally coincid…
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