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ASX rises 0.3pc, nearing record after hitting 14-month high

The Australian sharemarket moved closer to reclaiming a fresh record high on Thursday, with a strong performance from the mining sector pushing local shares to their highest level in 14 months.

The S&P/ASX 200 Index advanced 17.6 points, or 0.3 per cent, to 7082.3, just 80 points shy of the record high it hit in February 2020.

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William McInnes was a markets reporter for The Australian Financial Review. 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-rises-0-3pc-nearing-record-after-hitting-14-month-high-20210429-p57ngj