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Australia market rises for second day

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Capital Market
Australian share market advanced for second consecutive session on Thursday, 18 December 2014, as investors continued hunting for riskier assets after signals that the US Federal Reserve's isn't in a hurry to raise interest rates. The benchmark S&P/ASX 200 index advanced 48.90 points, or 0.95%, to close at 5210.80, while the broader All Ordinaries index added 49.10 points, or 0.96%, to 5189.70. Market turnover was relatively healthy, with 1.83 billion shares changed hands worth of A$6.42 billion. Total of 835 stocks were up, while 491 were down.

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First Published: Dec 18 2014 | 2:45 PM IST

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