You are here

Australia, NZ shares end higher, join global rally after Brexit shock

Thursday, June 30, 2016 - 15:15

38256191 - 03_05_2016 - GLOBAL-MARKETS_.jpg
Australian shares rose 1.77 per cent on Thursday and New Zealand stocks also gained, recovering in part from sharp falls that followed the UK's Brexit vote.

[SYDNEY] Australian shares rose 1.77 per cent on Thursday and New Zealand stocks also gained, recovering in part from sharp falls that followed the UK's Brexit vote.

The S&P/ASX 200 index added 91 points to 5,233.4 at the close of trade. The benchmark has now recouped two thirds of its 274.4 point fall in the wake of the vote, as markets around the world regain some of their losses.

New Zealand's benchmark S&P/NZX 50 index gained 1.37 per cent, or 93.32 points, to finish the session at 6897.53.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom