Australian Shares Rise 1.8% as Democrats’ Election Win Boosts Risk Appetite
The S&P/ASX 200 advanced 1.8% to 8,991.30, putting it on track for its best session since mid-June. The rally mirrored gains in global equities and offset a sharp fall in National Australia Bank shares.
Australian shares were on track for their best session since mid-June on Thursday, mirroring a rally in global equities as Democrats' sweep of the US midterm elections boosted risk appetite and offset a sharp fall in National Australia Bank.The S&P/ASX 200 index ASX:XJO advanced 1.8% to 8,991.30 by…