The Australian share market finished session at an 11-month high on Wednesday, 20 January 2021, as investors risk sentiments bolstered by hopes for additional U. S. stimulus and a faster rollout of coronavirus vaccines under incoming U. S. President Joe Biden, who will be sworn into office later today. Meanhile, U. S. Treasury Secretary nominee Janet Yellen signals her readiness to introduce large-scale fiscal stimulus measures at a Senate confirmation hearing also underpinned sentiments.
At closing bell, the benchmark S&P/ASX200 added 27.78 points, or 0.41%, to 6,770.40, an 11-month high. The broader All Ordinaries climbed up 36.02 points, or 0.51%, to 7,051.01.
Improvements have also been rather broad based with gains across nearly every sector.
BHP Group Ltd said on Thursday it had met licensing requirements to restart operations and had begun iron ore pellet production at its Samarco joint venture with Brazil's Vale SA, five years after a deadly dam disaster.
MELBOURNE (dpa-AFX) - BHP (BHP.AX, BLT.L, BBL, BHP) said Thursday that Samarco, a joint venture between BHP and Vale in Brazil, has met the licensing requirements to restart operations at its
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