Modest gains on ASX to start week

Shares on the Australian market remain within 200 points of record heights after the indices inched higher.

The ASX was less than half a per cent higher for most of Monday and likely benefited from better than expected economic data from China.

The benchmark S&P/ASX200 index closed up 27.1 points, or 0.36 per cent, to 7470.1 points.

The All Ordinaries closed 32.4 points, or 0.42 per cent, to 7798.2 points.

The Australian dollar was buying 73.43 US cents at 1617 AEDT, higher from 73.86 US cents at Friday's close.

Austrlaian Associated PressBack to Breaking News

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