Australian Banks Keep Rising and Push ASX Higher

Australian Securities Exchange, operated by ASX Ltd. on March 16, 2020 in Sydney, Australia

Australia’s big four banks are enjoying another surge in early trade on the ASX, and the main indices are more than 1.5 percent higher.

The S&P/ASX200 benchmark index was up by 100.4 points, or 1.74 percent, at 5875.4 points after the first 30 minutes of trade on May 28.