At closing bell, the benchmark S&P/ASX200 advanced 56.61 points, or 0.84%, to 6,662.96. The broader All Ordinaries added 51.90 points, or 0.96%, to 6,922.77.
The biggest decline on the ASX was a 10.9% fall in Worley Ltd to $10.18 due to delayed projects, and a 4.7% fall in Service Stream. The biggest gains were enjoyed by Blackmores, up 8.9%, and Mesoblast, up 5.6%.
Travel stocks finished mixed after Perth announced a five-day lockdown yesterday after a hotel quarantine security guard returned a positive COVID19 test, with Flight Centre (FLT) down 2.6%, Webjet (WEB) dropping 1.9% and Sydney Airport (SYD) closing flat. While Qantas (QAN) edged higher by 0.44%, it slumped by 7% last week.
Supermarket chains Woolworths (WOW) and Coles (COL) introduced buying limits in WA due to some panic buying. Crown (CWN) slipped 0.2% and said it will close gaming facilities at its Perth casino for five days due to the lockdown. Northern Star (NST) and Saracen (SAR) both said
CURRENCY NEWS: The Australian dollar changed hands at $0.765, having slipped from levels above $0.768 last week.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content