Shares higher for seventh straight day: Afternoon market insights

Myriam Robin /

The Australian sharemarket followed global bourses up today, on expectations the United States will post positive jobs growth figures tomorrow morning. It’s the seventh straight day of rises for the ASX200 – the longest winning streak since April 2011 (when the ASX200 rose for eight straight days)

The ASX200 gained 0.84% to 4489.8, up 2.45% for the week, while the broader All Ordinaries index added 0.80%.

The Australian dollar strengthened today, buying $US1.02645.

Myriam Robin

Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.

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