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2020-06-01 10:45:00

AUSTRALIA'S SHARES UP AGAIN

AUSTRALIA'S SHARES UP AGAIN

REUTERS - JUNE 1, 2020-  Australian shares kicked off the month with a more than 1% gain, fuelled by optimism around further easing of coronavirus-induced restrictions and as heavyweight mining stocks rallied amid a surge in commodity prices.

The S&P/ASX 200, currently on a five-week winning run, closed 1.1% higher at 5,819.20 on Monday. The index soared more than 30% since hitting a more than seven-year low in March when the pandemic forced widespread curbs and shutdowns.

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Tags: AUSTRALIA, SHARES, INDEXES, BONDS, STOCKS
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