Oil producers lift ASX as big banks drag

The Australian share market has bounced back from its two-day losing streak, with every sector gaining ground except the banks following Tuesday's cash rate hike.

The benchmark S&P/ASX200 index finished Wednesday up 25.4 points, or 0.36 per cent, to 7,121.1, while the broader All Ordinaries rose 28.4 points, or 0.39 per cent, to 7,347.

The Australian dollar was buying 72.02 US cents, from 72.06 US cents at Tuesday's close.

Austrlaian Associated PressBack to Breaking News

  • Print this page
  • Copy Link