Connect with us

National

ASX sprints across the line despite conflicting COVID-19 news – weekly review – Small Caps

Like a sprinter lunging towards the finish line the Australian market enjoyed a late surge on Friday to help the ASX 200 index to finish the week 1.9% higher.

Published

on

post featured image

Like a sprinter lunging towards the finish line the Australian market enjoyed a late surge on Friday to help the ASX 200 index to finish the week 1.9% higher.
For most of Friday the market was subdued and waiting on more news on COVID-19 but a late surge in the last ten minutes saw it close up 22.7 points, or 0.4%, higher at 6033.6 points.
During the week there has been a tug of war going on around COVID-19 with promising reports on a vaccine lifting markets while fairly discouraging infection…

Click here to view the original article.