Aust stocks close sharply higher

Banks and mining stocks buoy the local market amid lower than average volumes.

The Australian sharemarket has rebounded from yesterday's losses to close more than 1.4% higher today, boosted by buying in the banks and miners.

At the 4.15pm (AEST) official market close, the benchmark S&P/ASX200 index added 1.48%, or 79.5 points, to 5,455.4 points, while the broader All Ordinaries index lifted 1.4%, or 75.2 points, to 5,441.7 points.


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

If you didn't receive SMS code please

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

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles