Australian shares round out September with fresh record

Australian shares round out September with fresh record
The sale of its Australian plumbing supplies and distribution business gave Fletcher Building shares a 6% boost. (Image: File)
AAP
By Derek RoseThe Australian share market has ended September with a fresh record as the local currency hit a 19-month high.The S&P/ASX200 on Monday climbed as high as 8,285.7, eclipsing its previous intraday record of 8,246.2 set on September 20. It finished the day at 8,269.8, up 57.6 points, or 0.7% from Friday's close – its previous highest-ever close.Moomoo analyst Jessica Amir said September had brought out the bulls despite traditionally being the weakest month for stocks. The ASX200 finished the month up 2.2% after being es...

More Markets

NZ sharemarket rises ahead of interest rate decision
Markets Market close

NZ sharemarket rises ahead of interest rate decision

The S&P/NZX 50 Index closed at 12,765.24, up 28.18 points or 0.22%.

Graham Skellern 21 Nov 2024
IkeGPS revenue shows sparks for subscriptions play
Markets

IkeGPS revenue shows sparks for subscriptions play

Despite a $7m net loss, subscription revenue grew 28%.

Ben Moore 21 Nov 2024
My Food Bag profitability up, customer numbers dip
Retail

My Food Bag profitability up, customer numbers dip

Company expects market conditions to remain challenging in the second half.

Gregor Thompson 21 Nov 2024
Aft takes $6.5m hit on doctor strike and destocking
Markets

Aft takes $6.5m hit on doctor strike and destocking

Income in international markets affected by two events.