News Archive - Page 94 of 1421

16:42 PM

Sat 10 May. 2025

The Australian share market has continued to gain ground as investors buy into non-mining-related stocks such as the banks, retailers and Telstra.

Retail stocks have driven the bourse up from some early falls, but weakness in resouce and energy shares persist.

After a high volume week, investors have put on the breaks, with the market closing the week flat.

Gains in the banking and minerals sectors pushed the bourse two per cent higher on Thursday.

With gains in the US overnight, the Australian share market is stronger at noon, pushed along by the big banks and the miners.

US stocks added to their gains after minutes from the US Fed's October 27-28 meeting showed most officials expect a rate rise in December.

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