Australia: Shares rise a 6th straight day, NZ closes at record high
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SYDNEY] Australian shares rose for a sixth straight session on Wednesday, adding 0.5 per cent in thin pre-holiday trade, helped by gains in resources, energy and banking counters.
The S&P/ASX 200 index added 25.11 points to 5,141.80 at the close.
The index has not had a "Santa Claus rally", continuing its negative run from November. It is down 0.4 per cent in December, a far cry from gains of 0.6-3.2 per cent for the month in the past three years.
New Zealand's benchmark S&P/NZX 50 index climbed 0.8 per cent or 47.37 points to a record close of 6,195.34. During the day, it touched an all-time high of 6,212.34.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
