You are here

Australia: Shares end 0.2% up on commodity rally

AUSREUTERS0606.jpg

[SYDNEY] Australian shares ended 0.2 per cent higher on Tuesday led by gains in resources and energy-related stocks in line with firmer commodity prices.

The S&P/ASX 200 index rose 12.96 points to 5,969.1 at the close of trade. It remained tantalisingly close to the 6,000-mark, which has proved to be a formidable barrier so far. Two attempts to break above that level this month ended in failure as profit-takers were quick to emerge.

New Zealand's benchmark NZX 50 index ended down 0.08 per cent or 4.69 points to finish the session at 5,870.54.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes