ASX up 0.5% to break 6500

Australia’s S&P/ASX 200 share index added 0.5% to break over 6500 points to take the market to a new nine-month high. 

The banks dragged the index up once again with Commonwealth Bank (CBA) up 2.86% and Westpac (WBC) adding 2.26%.

Wesfarmers (WES) and Transurban (TCL) also ended the day in the green up 1.42% and 1.55% apiece.

 

Gainers and Losers

The biggest gainers on Wednesday were:

  • Alumina +5.9%
  • Whitehaven Coal +5.5%
  • Bendigo and Adelaide Bank +4.4%
  • Aristocrat Leisure +3.8%
  • Polynovo +3.2%

The biggest declines were:

  • A2 Milk -4.8%
  • Cooper Energy -4.2%
  • OZ Minerals -3.6%
  • Sandfire Resources -3.4%
  • Viva Energy -3.3%

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Disclaimer:
This article does not take into account the investment objectives, financial situation or needs of a particular person or entity. Before acting on any investment strategy or advice you should first consult with your current ASIC accredited investment professional or seek out a compliant investment professional for such. 

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