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| Name | Market Close 15 May 24: Aussie shares lift after uncertainty about the federal budget was removed |
| Video Uploader | Video From CommSecTV |
| Upload Date | This Video Uploaded At 15-05-2024 02:51:16 |
| Video Discription | The Aussie sharemarket rose on Wednesday after investors assessed the impact of the federal budget on stocks. And the reaction was largely positive. The benchmark share index, the ASX 200, rose by 27 points or 0.4%. And only 3 of 11 industry sectors fell with energy leading the decliners. Shares in Arcadium Lithium rose by 2.8%, with some investors citing tax breaks to be applied on critical minerals in a few years time Shares in BHP rose 2.2% on hopes that it will strike a takeover deal with AngloAmerican. And shares in Idp Education rose 7.8% after being included in a global share index. On the other side of the equation shares in Iress lost 1.8% as it investigated a hack on its systems. In economic data wages rose by 0.8% in the March quarter to be up 4.1% over the year. And the Aussie dollar is changing hands near 66.25 US cents. Visit CommSec’s Market News hub: https://www.commsec.com.au/market-news/the-markets.html Follow us on Twitter: http://www.twitter.com/commsec Follow Us On Instagram: https://www.instagram.com/commsec Subscribe to CommSecTV: https://www.youtube.com/user/CommSecTV |
| Category | News & Politics |
| Tags | ASX | AUD | Aussie Dollar | Australian Shares | CommSec | Craig James | Currency | Investing | Market Insights | Market Update | Online Broking | Online Share Trading | Online Trading | stocks |
