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Live News EQUITY ARTICLE M impact

Australia’s S&P/ASX 200 rises 0.5% to near two-month high

The index closed at 8,891.80 points, its highest level in nearly two months. Banks and energy stocks led gains.

XJO

By Aamir KhalidAustralian shares closed at their highest level in nearly two months on Thursday, led by banks on domestic rate hike expectations and energy stocks as oil prices held above $100 per barrel.The benchmark S&P/ASX 200 index ASX:XJO finished 0.5% higher at 8,891.80 points, its highest cl…