Australia: Shares rise again on iron ore prices, China optimism
Add BT as a preferred source
[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
DBS COO’s most important tip for AI transformation: Lead with ‘why’
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
