Australian equities ended the session at an all-time high on Friday, June 11, 2021, tracking Wall Street gains overnight on diminishing concerns over short-term cuts in US monetary stimulus as investors saw US inflation data for May better than expected, as reflecting only temporary increases in consumer prices.
At the close, the S & P / ASX200 rose 9.83 points, or 0.13%, to 7,312.33, a record high.
The All Ordinaries overall rose 18.44 points, or 0.24%, to 7,577.24.
A total of 8 of the 11 S & P / ASX200 sectors closed higher, with the best performance in the materials sectors (up 1.33%), followed by information technology (up 1.29%), energy (up 0 , 54%), healthcare (an increase of 0.51%), utilities. (an increase of 0.34%), telecommunications services (an increase of 0.28%) and consumer goods (an increase of 0.12%), while the financial sector (a decrease of 0.65%) showed the worst results, for followed by the real estate sector (down 0.65%).
The best performers in the S & P / ASX200 were Resolute Mining (up 7.7%), Mesoblast (up 5.91%), Appen (up 5.56%), Gold Road Resources (up 5.5 %) and Perseus Mining (an increase of 5.4%), while the worst were the shares of EML Payments (a decrease of 3.8%), Eagers Automotive (a decrease of 3%), HUB24 (a decrease of 2.6% ), Auckland International Airport (down 2.38%) and Virgin Money UK PLC (down 2.37%).
Gold stocks performed best as bullion prices surpassed $ 1,900 an ounce. Newcrest Mining added 3.1% and Bellevue Gold added 7.8%.
Stocks of materials and resources also rose, with iron ore giant BHP up 1.4% and Fortescue Metals up 1.7%.
Tech stocks closed higher, tracking the high-tech Nasdaq overnight. Afterpay jumped 3.7%.
FOREIGN EXCHANGE: The Australian dollar changed hands at $ 0.7765, up from near $ 0.776 levels seen earlier in the trading week.
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