Aust stocks close at fresh 5½-year high

Local market lifts amid strong volumes as shares in department stores soar.

The Australian sharemarket has closed at a fresh five and a half year high today amid strong volumes after shares in department stores spiked on takeover news.

At 4.15pm (AEST), the benchmark S&P/ASX200 index added 0.98%, or 53.2 points to 5,463.8 points, while the broader All Ordinaries index lifted 0.94%, or 51.1 points, to 5,460.3 points.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles