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Australian stocks rise for a fourth day after President Trump calls for targeted coronavirus assistance – ABC News

The Australian share market gains ground after Donald Trump calls on Congress to pass some coronavirus relief measures, while iSelect admits deceiving consumers…

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The Australian share market has made strong gains for the fourth day in a row, after Wall Street rallied as Donald Trump called for some coronavirus stimulus to be approved.
Key points:

  • US stocks close sharply higher on new stimulus hopes
  • Australian shares rise for a fourth day to new one month high
  • iSelect fined $8.5 million for misleading consumers over power prices

At 1:00pm AEDT, the ASX 200 index was up nearly 1.2 per cent, or 70 points, to 6,106, h…

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