Comments
Australian shares surged to a near seven-year peak on Friday as firmer commodity prices and news of a ceasefire in Ukraine bolstered the risk appetite.
The S&P/ASX 200 index rose 2.3 per cent or 133.9 points to 5,877.5. It went as far as 5,893.5, its highest since May 2008 and putting it on track for a 1 per cent weekly gain.
New Zealand’s benchmark NZX 50 index rose 0.6 per cent or 37.2 points to finish at 5,786.54.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.