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Australia Market hits 3-month high

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Australian share market closed at highest level in three months on Friday, 25 November 2016, due to continued demand for mining and energy stocks, thanks to gains in commodity prices, including copper and iron ore. At the closing bell, the benchmark S&P/ASX 200 index rose 22.70 points, or 0.41%, to 5507.80, its highest level since August 26, while the broader All Ordinaries index was up 21.50 points, or 0.39%, to close at 5570.50.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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