Australian shares reached a record intraday high of 7,910.5 before closing slightly lower.

Australian shares hit a record intraday high of 7,910.5 but closed slightly lower after failing to sustain the record territory. The S&P/ASX200 index finished down 8.9 points at 7,887.9, a drop of 0.11%. The broader All Ordinaries closed down 7.9 points, or 0.1%, at 8,145.8. Trading resumed following the Easter break, with a mixed US market influence. The Australian market was driven by gains in mining and energy stocks amid a spike in commodity prices.

April 01, 2024
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