At closing bell, the benchmark S&P/ASX200 advanced 54.12 points, or 0.8%, to 6,827.14. The broader All Ordinaries grew up 59.84 points, or 0.85%, to 7,078.98.
Most of ASX sectors inclined except materials and energy, which was dragged down by three days of declining oil prices. Technology stocks were top gainers, with Afterpay adding 3% and Altium finishing over 2% stronger. The healthcare sector boosted by industry behemoth CSL's 2.3% climb and Cochlear's near 2% gain. The heavyweight financial sector closed slight higher, with the "Big Four" banks climbing between 0.4% and 0.9% higher.
ECONOMIC NEWS: Australia House Price Index Up 3.0% On Quarter In Q4- Australia house price index was up 3 percent on quarter in the fourth quarter of 2020, the Australian Bureau of Statistics said on Tuesday, following the 0.8 percent increase in the previous three months. On a yearly basis, the house price index gained 3.6 percent, slowing from 4.5 percent in the three months prior.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content