Australia: Shares rise on hopes of Europe stimulus package
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SYDNEY] Australian shares rose for a second session on Thursday as investors wagered the European Central Bank will unveil a stimulus package later in the day, while a rebound in oil and copper prices shored up the resources sector.
The S&P/ASX 200 index rose 26.5 points or 0.5 per cent to close at 5,419.9.
New Zealand's benchmark NZX 50 index fell 25.7 points or 0.5 per cent to finish the session at 5,647.1.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result