Aust stocks close more than 1% higher

Local market rally in late trade, led by miners on rise in commodity prices, promising Chinese data.

The Australian stock market soared past the 5100 mark in late trade to sit more than 1% higher, led by a surge in the major iron ore miners on a rise in commodity prices, with encouraging economic indicators out of China last week still fresh in investors’ minds.   

At 1615 AEST, the benchmark S&P/ASX200 index rose 1.06% to 5,108.7 points, while the broader All Ordinaries index added 1.09% to 5,093.8 points.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

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

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

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

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles