SYDNEY: Upbeat Wall Street leads and news of further monetary easing in China pushed the Australian sharemarket 1 per cent higher at the open.
The rise is welcome news for local investors looking to put one of the market’s worst weeks in more than two years behind them.
At the 10.15am (AEST) official market open, the benchmark S & P/ASX200 index was up 57.1 points, or 1.01 per cent, at 5691.7 points, while the broader All Ordinaries index added 56 points, or 0.99 per cent, to 5691.4 points.
Hong Kong, (UrduPoint / Pakistan Point News - 25th Jun, 2018 ) :Hong Kong and mainland Chinese stocks fell on...
London:Europe's main stock markets dropped 0.7 percent in opening deals on Monday, as investors worried over the festering global trade...
Hong Kong :Hong Kong stocks finished a painful week on a positive note Friday but investors remain on edge about...
Ireland :Hackers stole more than $30 million worth of cryptocurrencies from South Korea's top bitcoin exchange, sending the unit's price...
