ASX: Australian shares notch up five-day winning streak

(Image: Getty)

Fri, 16 Aug 2024

By Derek RoseThe Australian share market has finished higher for a fifth-straight day, even as traders digested a better-than-expected domestic jobs report some economists say could delay interest rate cuts. The benchmark S&P/ASX200 index finished 14.8 points higher on Thursday at 7,865.5, a gain of 0.19%, while the broader All Ordinaries rose 13.6 points, or 0.17%, to 8,083.8.Traders pared back their expectations of an interest rate cut in November, and the Australian dollar spiked just before midday after the Australian Bureau of Sta...

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