ASX outperforms Asia, closes higher

Australia's share market has topped its rivals across Asia and closed higher despite concerning coronavirus developments in locked-down Sydney.

Solid gains for the big miners as well as increase of more than one per cent for technology and consumer staples shares helped the ASX.

The performance was despite NSW recording its highest number of daily infections this year, 38.

Most Asian markets closed lower despite a positive US lead.

The benchmark S&P/ASX200 index closed up 14.5 points, or 0.2 per cent, to 7341.4 on Thursday.

Its record close is 7386.17.

The All Ordinaries closed higher by 15.6 points, or 0.21 per cent, to 7614.9.

The Australian dollar was buying 74.51 US cents at 1623 AEST, lower from 75.01 US cents at Wednesday's close.

Austrlaian Associated PressBack to Breaking News

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