Australia: Shares rise more than 1 per cent in pre-Christmas rally
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SYDNEY] Australian shares rose 1.3 per cent in a shortened Christmas Eve session on Thursday.
The S&P/ASX 200 index gained 65.8 points to 5,207.6 at the close of trade, its seventh straight day of gains and its longest winning streak since late January. It added 0.5 per cent on Wednesday.
Most analysts expect the market to continue the positive trend into the New Year.
New Zealand's benchmark S&P/NZX 50 index rose 0.5 per cent or 30.2 points to finish the session at a record high of 6,225.5.
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
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
