The Australian share market superior for seventh straight session on Tuesday, 13 October 2020, as expectations that the USA would quickly cross a coronavirus aid bundle lifted world fairness markets.
At closing bell, the benchmark S&P/ASX200 index inclined 63.78 factors, or 1.04%, to six,195.75.
The broader All Ordinaries added 57.14 factors, or 0.9%, to six,400.21.
Monetary shares climbed, with the Large 4 banks including between 1.5% and three%. The Commonwealth Financial institution (CBA) added 1.1% because it held its Annual Normal Assembly (AGM) immediately.
Telstra (TLS) additionally held an AGM and climbed 4% because the telco re-iterated its FY21 steerage and likewise goals to enhance shareholder returns by trying to keep its present dividend and look to finally enhance it over time.
CURRENCY NEWS: The Australian greenback was at $0.7177, nonetheless above ranges under $0.715 seen final week.
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