Australian shares rise 0.5% as banks, gold stocks gain
The S&P/ASX 200 rose 0.5% to 8,699.80, with bank and gold-stock gains outweighing losses in miners as risk appetite improved after Trump pledged to halt attacks on Iran ahead of November’s midterm elections.
Australian shares advanced on Friday, with banks and gold stocks offsetting declines in miners as risk appetite improved after US President Donald Trump said he would halt attacks on Iran before November's midterm elections. 80 points by 2340 GM…