ASX up Again as Focus Shifts to Economy

ASX up Again as Focus Shifts to Economy
Australian Securities Exchange, operated by ASX Ltd. on March 16, 2020 in Sydney, Australia
AAP
By AAP
Updated:

The Australian share market has risen for more than one percent for a second straight day as sentiment cautiously improved for the country’s economic prospects.

The S&P/ASX200 benchmark index finished Tuesday on the highs of the day up 87.3 points, or 1.64 per cent, to 5,407.1, while the All Ordinaries index gained 88.6 points, or 1.64 percent, to 5,478.1.

One Australian dollar was buying 64.57 US cents, up from 63.90 US cents at the close of May 4.

By Derek Rose 
AAP
AAP
Author
Australian Associated Press is an Australian news agency.
Related Topics