Australia: Shares rise a 6th straight day, NZ closes at record high
[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
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard
Europe: Stocks retreat on earnings gloom, weak US economic data