Read more about Australia Market ends at all-time high on Business Standard. However, market gains capped amid lockdown fears after a fresh spike in COVID-19 infections in Australia s second-most populous state Victoria, where authorities have detected the highly infectious Delta COVID-19 virus variant.
An ambitious new campaign, aimed at bringing 40 foreign direct investment companies to Galway, and the west, with the aim of generating c3,000 jobs over the next five years, has been launched.
Read more about Australia Market closes at record high on Business Standard. At closing bell, the benchmark S&P/ASX200 was up 42.33 points, or 0.59%, up at 7,260.15. The broader All Ordinaries rose 41.85 points, or 0.56%, to 7,510.71.
The Australian share market finished session sharp higher on Wednesday, 02 June 2021, as a wide range of issues attracted buying after the country s first-quarter GDP came in better than expected 1.8% growth in the March quarter 2021, with Australian economic activity has recovered to be above pre-pandemic levels.
At closing bell, the benchmark S&P/ASX200 was up 75.25 points, or 1.05%, up at 7,217.82.
The broader All Ordinaries rose 76.77 points, or 1.04%, to 7,468.87.
Total 9 of 11 S&P/ASX200 sectors were higher, with the best performing sectors were energy (up 4.05%), followed by utilities (up 2.64%), real estate (up 1.97%), materials (up 1.92%), consumer discretionary (up 1.28%), and industrials (up 1.25%), while information technology (down 1.09%) and healthcare (down 0.48%) were worst performing sectors.