A surging tech sector drove the Australian sharemarket to a fresh 13-month high this week, as strong economic data and a calming of the bond market supported global equity markets.
The S&P/ASX 200 Index closed the week 68.3 points, or 1 per cent, higher at 7063.5, rising 4.9 points, or 0.1 per cent on Friday, hitting a new post-pandemic high.
