Aussie stocks rises on positive offshore lead

Last Updated : Dec 04 2014 | 9:04 PM IST

Australian share market closed higher for third consecutive day on Thursday, 04 December 2014, as risk sentiments boosted up after data showed renewed momentum in the U.S. economic recovery. The benchmark S&P/ASX 200 index advanced 47 points, or 0.88%, to 5368.80 and the broader All Ordinaries index rose 44.20 points, or 0.83%, to 5345.40. Almost all ASX sectorial indices advanced, exception being utilities and consumer discretionary, with shares of bullion, material, industrial, property trusts, financial and consumer staples companies being major gainers.

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Aussie stocks rises on positive offshore lead