The local share market has had a positive session, lifting by 0.7 per cent to post its best day in about a week.
This was supported by gains from some of the largest sectors, including financials and miners.
The four major banks finished higher, while major miners BHP, Rio Tinto and Fortescue also gained ground.
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By now, pay later provider Zip was another standout, with its shares jumping around 6.5 per cent, continuing its strong run from Friday.
But telecommunication stocks went the other way, with Telstra and TPG falling on concerns that new technology could bring more competition for telco providers.
We’ll hear more from Telstra on Tuesday, when the company holds its annual shareholder meeting.
It was also payday for some Aussie investors today, with chicken producer Ingham’s and Car Group, which owns carsales.com.au, paying dividends to eligible investors.
The Aussie dollar is buying 69.8 US cents.
This article is published as part of a paid partnership with the CommSec.
Facts and dates are correct at the time of publication. This is general information only and does not constitute personal financial advice. Consider seeking advice from a qualified financial professional before making financial decisions.
