Markets | Sydney Financial
 

Markets

Wednesday 7 November – The Australian share market was lifted higher by banking and energy stocks on a choppy day’s trading as investors awaited the result of US mid-term elections.

The benchmark S&P/ASX200 index was up 21.7 points, or 0.37 per cent, at 5896.9 on Wednesday, while the broader All Ordinaries rose 0.39 per cent.

The Australian dollar strengthened to a one-month high as the US went to the polls, buying 72.59 US cents at 1630 AEDT from 72.16 on Tuesday.

The Democratic Party seized the legislative agenda from president Donald Trump by winning the House of Representatives.

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