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Australian stocks climb: Afternoon market insights

The Australian sharemarket rose today, despite newly-released RBA minutes showing the central bank does not consider more rate cuts likely. At 2pm, the ASX200 added 0.59% to 4390.2, while the broader All Ordinaries index gained 0.61% to 4417.0. The Australian dollar rose today, buying $US1.04665.
Myriam Robin
Myriam Robin
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The Australian sharemarket rose today, despite newly-released RBA minutes showing the central bank does not consider more rate cuts likely.

At 2pm, the ASX200 added 0.59% to 4390.2, while the broader All Ordinaries index gained 0.61% to 4417.0.

The Australian dollar rose today, buying $US1.04665.

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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