Innovation

Third day of gains on ASX: Afternoon market insights

Myriam Robin /

The Australian sharemarket continued its upward climb today, buoyed up by a global sharemarket rise.

The ASX200 grew 0.45% to 4310.8, while the broader All Ordinaries index was 0.45% up to 4331.0.

Global sharemarkets continued their rally today, with both overnight and local markets posting gains.

The Australian dollar hit a five-month high overnight, but slipped back down today. It’s currently buying $US1.05455.

Advertisement
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.

FROM AROUND THE WEB