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Stocks rise on eurozone assurances: Afternoon market insights

Australian stocks held onto early gains, rising nearly 1% today on assurances from eurozone leaders. At 2.30pm, the ASX200 rose 0.94% to 4249.4, while the broader All Ordinaries index gained 0.83% to 4269.6. The dollar reached a four-month high today. It’s currently buying $US1.04675.
Myriam Robin
Myriam Robin
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Australian stocks held onto early gains, rising nearly 1% today on assurances from eurozone leaders.

At 2.30pm, the ASX200 rose 0.94% to 4249.4, while the broader All Ordinaries index gained 0.83% to 4269.6.

The dollar reached a four-month high today. It’s currently buying $US1.04675.

About the author

Myriam Robin

Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.

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