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ASX rises for second week running

A rebound in commodity prices and an upbeat second-quarter GDP result have pushed the Australian sharemarket higher for a second week running.

The S&P/ASX 200 Index climbed 34.6 points, or 0.5 per cent, to 7522.9, recovering from a midweek dip and rising 37.2 points, or 0.5 per cent, on Friday.

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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-for-second-week-running-20210903-p58oi8