Stocks reached a 14-month high this morning, as the markets digested falling interest rates and the Reserve Banks of Australia’s minutes, released today. After gaining .51 per cent around midday, the S&P/ASX200 fell back to a .22% increase to 4493.3 points at around 2.45pm.
The All Ordinaries rose .22% as well to reach 4515.3
The Australian dollar rose to trade at 102.26 US cents, up from 102.23 US cents yesterday.
Get daily business news.
The latest stories, funding information, and expert advice. Free to sign up.
You'll also receive messages on behalf of our partners. You can opt-out at any time.
COMMENTS