Innovation

Shares higher on stimulus hopes: Afternoon market insights

Myriam Robin /

The Australian sharemarket rose higher today as global markets were buoyed by anticipated stimulus from the Bank of England and the European Central Bank.

The ASX200 rose 1.04% to 4170.0, while the broader All Ordinaries index gained 1.06% to 4210.7.

The Australian dollar hit a two-month high today, buying $US1.02855.

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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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