Markets: Thin trade gains

Bargain hunters snapped up stocks today as expectations of a rate cut grew on the back of a survey of business conditions.

The S&P/ASX200 Index rose as much as 1.5 per cent in thin trade as some investors figured a depressing report on business conditions may push the Reserve Bank of Australia to cut its benchmark cash rate next month.


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