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ASX closes above 6500 in late rally

Citi’s Australian equity strategist, Tony Brennan, yesterday increased his year-end forecast for the S&P/ASX 200 to 6500 points, more than 5 per cent above yesterday’s closing level, and.

The ASX 200 has extended yesterday’s 1.2% gain, rising 1.3% to a five week high of 5,484. It follows another stellar performance from US markets, where the Dow closed above 19,000 points for the.

After hitting a roughly 14-month low around late March, US benchmark 10. unable to join in with a pan-Asia rally as gold miners weighed and several fund managers lost ground. The S&P/ASX 200 Index.

 · The S&P/ASX 200 Index added 10.6 points, or 0.2 per cent, to close at 6510.7 while the broader All Ordinaries rose 13.7 points, or 0.2 per cent, to 6598.1. “The relief rally and rotation in equities sparked by the election outcome was given a further boost from Tuesday’s RBA developments,” said Shayne Heffernan, CEO and Founder of Heffx .

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ASX closes above 6500 in late rally The S&P/ASX 200 has closed above 6500 points for the first time in 11 years on another rally in financial stocks. Last month

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ASX closes above 6500 in late rally The S&P/ASX 200 has closed above 6500 points for the first time in 11 years on another rally in financial stocks. Feed Link

Samantha Bailey 4.15pm: ASX rally rolls on The local sharemarket finished the higher for the sixth straight session, extending its rally in the wake of the federal election and APRA’s easing of.

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ASX closes above 6500 in late rally The S&P/ASX 200 has closed above 6500 points for the first time in 11 years on another rally in financial stocks May 21, 2019