(Bloomberg) -- Australian shares gained, led by Rio Tinto Group. Woolworths Ltd. paced a gain in retail-related shares after the government's budget announced late yesterday included tax cuts and spending that will pump more than A$67 billion ($55 billion) into the economy.
The S&P/ASX 200 Index gained 37.40, or 0.6 percent, to 6341.60 at 12:40 p.m. in Sydney.
Read more at Bloomberg Stocks News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment