ASX ends 7-day losing streak, gains 1.4pct

The Australian share market has finally snapped its seven-session losing streak amid a lift in global sentiment.

The benchmark S&P/ASX200 index on Tuesday closed up 90.4 points to 6,523.8, a rise of 1.41 per cent. The broader All Ordinaries closed up 91.3 points to 6,700.8, a 1.38 per cent rise.

It was the best day for the ASX200 since a 1.45 per cent rise on May 30 and only the index's fourth winning session since then.

The Australian dollar meanwhile was buying 69.56 US cents, down from 69.76 US cents at Monday's close.

Austrlaian Associated PressBack to Breaking News

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