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Australian shares rose on Wednesday by their most in a month as investors were relieved that the central bank would not hike interest rates anytime soon, with heavyweight financials and miners driving the rebound.
* CBA to offer crypto services to retail clients (Updates to close)
Australian shares snapped a three-day rally on Thursday, with losses in mining and gold stocks dragging down the resource-heavy benchmark index amid growing concerns over a surge in coronavirus cases.
* Miners climb as BHP jumps 1.8% * NSW state sees biggest daily rise in COVID-19 cases for year (Updates to close) July 8 (Reuters) - Australian shares ended modestly higher on Thursday, supported by mining and tech stocks, although concerns over the economic impact of coronavirus-led lockdowns in the country limited gains. The S&P/ASX 200 index rose 0.2% to 7,341.4 at the close of trade. During the session, the benchmark touched its highest level since June 18. Australia’s most populous state, New South Wales (NSW), on Thursday reported its biggest daily rise in locally acquired cases of C...
The S&P/ASX 200 index dropped 0.7 per cent to 7,044.9, settling lower for the second straight session.