Business
ASX200: Stocks rally despite growing coronavirus cases – NEWS.com.au
Australian stocks rally despite growing number of coronavirus cases
The Australian share market ended Thursdays trading higher, shaking off earlier fears a second national coronavirus wave could dent Australias economic recovery. The benchmark S&P/ASX200 index rose 45 points, or 0.7 per cent, to 6051.1, with strong gains in technology and consumer staples stocks.
The broader All Ordinaries index rose 49.5 points, or 0.8 per cent, to 6177.5, while the Australian dollar ended the session down 0.38 per cent to 71.58 US cents.
The surge came despite the Austra…
-
General14 hours ago‘We are here for you’: PM to bring help to flood zones
-
General12 hours agoWe’ve all talked about potential economic consequences for Australia of Trump’s policies. Now they’re happening
-
Noosa News20 hours agoStudents say new facility would be better in rural areas of Queensland
-
General11 hours ago‘I can’t start at zero now’: Aussies call for clarity after super cyber attack