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

Fletcher’s down 3.6%; NZX misses ceasefire rally
Markets Market Close

Fletcher’s down 3.6%; NZX misses ceasefire rally

 Channel Infrastructure has benefited from tensions in the Middle East, an analyst said.

Fletcher's restructuring, impairment costs could hit $781m
Infrastructure

Fletcher's restructuring, impairment costs could hit $781m

It expects ebit of $370m to $375m before significant items. 

Selling Kiwifruit at Beijing’s $5b-a-year department store
Primary Sector

Selling Kiwifruit at Beijing’s $5b-a-year department store

Turns out the personal touch helps sell kiwifruit at a high-end Chinese supermarket.

Tait wants Vital to fast-track growth
Markets

Tait wants Vital to fast-track growth

If successful, Tait Communications will pay $18.7m to take the listed firm private.