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ASX caps best financial year in 34 years

The Australian sharemarket capped its best financial year in more than 30 years on Wednesday, with shares rebounding following a poor start to the week’s trading.

The S&P/ASX 200 Index rose 11.8 points, or 0.2 per cent, to 7313.0 on Wednesday, taking its yearly gain to 24 per cent, its best financial year since 1987.

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William McInnes covers markets from Sydney including editing the Markets Live blog. Connect with William on Twitter. Email William at w.mcinnes@afr.com.au

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    Original URL: https://www.afr.com/markets/equity-markets/asx-caps-best-financial-year-in-34-years-20210630-p585mj