Aussie shares move higher ahead of key US jobs report
The ASX200 has closed 0.4 per cent higher hours before the release of a US non-farm payroll report likely to determine how aggressive US rate cuts will be.
The ASX200 has closed 0.4 per cent higher hours before the release of a US non-farm payroll report likely to determine how aggressive US rate cuts will be.
The Australian share market has reclaimed more of its midweek losses, closing higher hours before a make-or-break US jobs report that could determine the path of interest rates for the rest of the year.
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The benchmark S&P/ASX200 index on Friday finished up 31 points, or 0.39 per cent, to 8,013.4, while the broader All Ordinaries gained 27.1 points, or 0.33 per cent, to 8,214.8.
The ASX200 finished the week 1.0 per cent lower, snapping its three-week winning streak.
The Australian dollar was buying 67.27 US cents, from 67.24 US cents at Thursday’s ASX close.
