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Australia shares: Australia shares wrap up holiday-shortened week on firm note


Synopsis
The S&P/ASX 200 index closed up 0.6 per cent at 6,828.70, with gold and technology stocks leading the gains. Both Australian and New Zealand markets are closed on Friday and Monday for Easter holidays.
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Technology stocks closed about 2.5 per cent higher in their best session since March 16, following a tech-led rally on Wall Street.
Australian shares settled higher on Thursday, wrapping up the holiday-shortened week on a firm note as investor cheered an end to Brisbane lockdown ahead of the long Easter weekend.
The S&P/ASX 200 index closed up 0.6 per cent at 6,828.70, with gold and technology stocks leading the gains. Both Australian and New Zealand markets are closed on Friday and Monday for Easter holidays. ....

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Australia shares: Australia shares end higher on strong China data; tech, mining stocks slip


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Australian shares reversed course to close slightly higher on Monday, as strong economic data from the country s top trading partner China buoyed sentiment, but weaker technology and mining stocks limited gains.
The S&P/ASX 200 index ended 0.1 per cent higher at 6,773.00, extending the benchmark s 0.8 per cent rise on Friday.
Data on Monday showed China s industrial output grew 35.1 per cent in January-February from a year ago, better than the 30 per cent expected in a Reuters poll.
China s retail sales, fixed asset investment, refinery throughput and aluminium production for first two months of 2021 also marked strong growth.
Additionally, domestic investors were reassured after central bank governor Philip Lowe said that Australia s recent recovery was quick and strong, and that the country is doing much better than most other advanced economies. ....

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