Australia Stocks end higher

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Capital Market
Last Updated : Feb 15 2021 | 5:32 PM IST
The Australian share market finished session higher on Monday, 15 February 2021, amid positive corporate earnings and hopes of progress in U.S. stimulus talks. Meanwhile, hopes of a global economic rebound in the wake of coronavirus vaccine rollouts also boosted sentiment.

At closing bell, the benchmark S&P/ASX200 advanced 62.18 points, or 0.91%, to 6,868.92. The broader All Ordinaries added 68.34 points, or 0.97%, to 7,149.65.

Bendigo and Adelaide Bank surged 11.3% as it reported a 67% rise in half-year profit. Retailer JB Hi-Fi jumped over 3% after posting an 86% rise in first-half profit.

Seven West Media soared 6.4% after it struck a licensing deal with Google to provide content for the tech company's News Showcase product.

Coca-Cola Amatil climbed 2.1% after the European arm of drinks giant Coca Cola raised its offer price in a takeover bid for the local operator.

CURRENCY NEWS: The Australian dollar was at $0.778 following its rise last week from levels below $0.772.

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First Published: Feb 15 2021 | 5:09 PM IST

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