Australia: Shares rise again on iron ore prices, China optimism
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SYDNEY] Australian shares had a second straight day of solid gains on Thursday, as rising iron ore prices and stabilising Chinese equity markets lifted investor confidence.
The S&P/ASX 200 index climbed 0.81 per cent or 45.343 points to 5,669.500 at the close of trade. On Wednesday, the benchmark gained 0.7 per cent to close at 5,624.2.
New Zealand's benchmark NZX 50 index gained 0.36 per cent or 21.08 points to finish the session at 5,891.850.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?