Australia market ends higher in short session

Australian share market closed a shortened trading session ahead of the Christmas holidays slightly higher on Wednesday, 24 December 2014, as optimism about improving economic growth in the United States shrugged of a fall in the iron price to a five-and-a-half year low. The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index each added about 0.25%, on Wednesday to 5394.5 points and 5369.5 points, respectively, amid thin trading volumes. Market turnover was relatively thin, with 642.11 million shares changing hands worth of A$1.74 billion. Total of 584 stocks were up, while 433 were down.

Powered by Capital Market - Live News