Aust stocks open stronger

Market rallies in early trade after US car sales, China data pushed Wall Street to new highs.

The Australian sharemarket rallied 1 per cent at the open after Wall Street barrelled to new highs on the back of strong US car sales and Chinese manufacturing data.

At the 10.15am (AEST) official market open, the benchmark S&P/ASX200 index rose 55.6 points, or 1.03%, to 5,431.5 points, while the broader All Ordinaries index gained 53.2 points, or 0.99%, to 5,419.7 points.

{{content.question}}

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