Australia: Shares close at two-week top; NZ shares hold ground
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[MELBOURNE] Australian shares rose 2.25 per cent on Thursday, marking their highest close since Feb 2, buoyed by a pick up in energy and resource stocks following a bounce in oil and a revival in commodities companies.
The S&P/ASX 200 index was up by 109.9 points at the close of trade at 4,992, near the intraday high of 4,992.60.
New Zealand's benchmark S&P/NZX 50 index climbed 0.4 per cent or 25.52 points to finish the session at 6,111.09, close to one-week high struck the session before.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
