Australian shares closed higher.
Todays scoreboard:
- ASX 200: 5,726.60 +38.53 +0.68%
- All Ordinaries: 5,775.30 +37.27 +0.65%
- AUD/USD: 0.7944 +0.0021 +0.27%
The ASX200 regained the 5700 mark and recouped Mondays losses.
The miners and the big four banks all made up lost ground.
The Commonwealth Bank added 0.85% to $84.28 and BHP was up 0.6% to $24.56.
Blood products group CSL was up 2% to $128.56, national airline Qantas 1.5% to $5.32 and travel agent Flight Centre 3.5% to $44.23.
Vicinity Centres added 3.4% to $2.71 after the shopping centre operator announced a plan to buy back 5% of its shares.
Top stories:
1. Weak Australian wage growth. the weakness in wages is entrenched and …
Read the full article at: https://www.businessinsider.com.au/australian-stocks-rally-heres-what-you-need-to-know-v2-2017-7