ASX 200 surges 1.9%, best day in 10 months
Stocks rally 1.9 per cent cent, led by mining and banking companies including BHP and Westpac. It was the best day in 10 months. S&P 500 and iron ore futures up, suggesting another strong US session.
Welcome to the Trading Day blog for Thursday, September 30. Australian stocks finish strongly, up 1.9 per cent, as investors piled into banking and mining stocks. It was the best trading day in 10 months.
The S&P 500 added 0.2 per cent and the Dow advanced 0.3 per cent, although the Nasdaq lost 0.2 per cent after a late fade. European markets also bounced higher and oil prices dipped a day after Brent had surged close to a three-year peak above $US80.
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