Australian shares rose on Thursday, buoyed by financials and consumer stocks, as investors took heart from the Federal Reserve’s optimism about the U.S. economic recovery and shrugged off a profit drop by major lender National Australia Bank.
The S&P/ASX 200 index ended up 0.5 percent at 5,476.2, a whisker away from a seven-week high touched Wednesday.
New Zealand’s benchmark NZX 50 index added 0.3 percent or 14.3 points to finish the session at 5,370.18, having climbed to a record high of 5,381.71.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.