Tag: banking stocks
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ASX Rises as Banks and Miners Lead Broad Market Rally
Australian shares steady gains as banks and miners push higher The Australian sharemarket closed higher on Wednesday, with broad strength across financials and resource stocks helping the S&P/ASX 200 rise by 91.5 points, or about 1%, to 8,990.90. The rally followed a modest advance on Tuesday and came as investors looked past jittery global headlines…