Business
Australian sharemarket once again rallies to fresh record high, propelled by commodities prices, economy figures – NEWS.com.au
Australian sharemarket once again rallies to fresh record high, propelled by commodities prices, economy figures
The Australian sharemarket hit record heights on Wednesday, thanks to stronger commodity prices and better-than-expected GDP figures.The S&P/ASX200 leapt 1.05 per cent to 7217.8 while the All Ordinaries Index jumped 1.04 per cent to 7468.9.
That compares to respective closes of 7179.5 and 7424 reached on Friday.
OMG chief executive Ivan Tchourilov said it had been “a really quiet” week until today as investors waited for GDP data.
The data showed the economy was back to pre-pandemic levels, expanding…
-
Noosa News21 hours agoTributes for woman allegedly mowed down on footpath in Maroochydore; Guilherme Dal Bo charged
-
General14 hours agoTwo people arrested after man fatally shot at McLaren Flat
-
General18 hours agoMan refused bail charged with depicting Adolf Hitler and Nazi symbols on boat
-
General7 hours agoThe one tweak that could grow your super by $200,000