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ASX200 surges as JobKeeper scheme extension boosts confidence – NEWS.com.au
Shares lift as wage support extends to March 2021
Australian stocks surged on Tuesday to a four-month high, with the extension of the governments wage support programs boosting confidence. The benchmark S&P/ASX200 index rose 155 points, or 2.6 per cent, to 6156.3, with strong gains made in the technology and consumer discretionary sectors.
The broader All Ordinaries rose 156.5 points, or 2.6 per cent, to 6268.8, while the Australian dollar ended the session up 0.38 per cent to 70.40 US cents — its highest value in almost 12 months.
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