Aust stocks close stronger
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
The Australian sharemarket closed stronger today on buying in the major miners but volumes were low as cautious investors waited for the final details of tonight's federal budget.
At the 4.15pm (AEST) official market close, the S&P/ASX200 index rose 49.8 points, or 0.91%, to 5,498.2 , while the broader All Ordinaries index gained 46.4 points, or 0.85%, to 5,475.4.
Offshore leads were also strong, and followed a couple of days of falls for the local market, Macquarie Private Wealth senior private client adviser James Rosenberg said.
"The market is a bit cautious ahead of the budget and you're seeing that reflected in volumes," Mr Rosenberg said.
"If you look at the strength in the market it's large resources stocks and banks leading.
"Theres not huge volumes behind it."
Investors are waiting for tonight's federal budget, handed down at 7.30pm (AEST).
Resources led today's gains after JP Morgan lifted its view of the industry from underweight to overweight.