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 braces for Trump's 'Liberation Day'
Markets Market Close

NZ sharemarket braces for Trump's 'Liberation Day'

The S&P/NZX 50 Index closed at 12,320.19, up 7.59 points or 0.062%.

Westpac Bank’s Eckhold says April cut likely wrong move
Economy

Westpac Bank’s Eckhold says April cut likely wrong move

Economists are widely expecting a 25 bps rate cut next week. 

The simple strategy behind Dairyworks
Primary Sector

The simple strategy behind Dairyworks

Is New Zealand still fixated on the 1kg block of cheese?

Trump-era FX 'compounding' margin losses, analysts say
Retail

Trump-era FX 'compounding' margin losses, analysts say

"Liberation day" could make matters worse, says Kiwibank’s Kerr.