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ASX rises 1pc, extending its 13-month high

The Australian sharemarket extended its strong start to the month on Thursday, hitting a fresh 13-month high, with strong gains from the miners and banks supporting the gains.

The S&P/ASX 200 Index rose 70.8 points, or 1 per cent, to 6998.8, its highest level since February 21, 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-1pc-extending-its-13-month-high-20210408-p57hja