US corporate earnings,speculation over continued central bank support,window dressing and virus treatment hopes combine to boost global equities.
The ASX closed 80.3 points higher at 5393 points,thanks to strong gains in the banking sector on Wednesday. Wall Street futures were rising.
The S&P/ASX 200 closed at 5313,just 8 points lower,with flat performances from most sectors. Consumer discretionary out-performed.
The S&P/ASX 200 gained 79 points on Monday to close at 5321.4. All sectors except financials were higher,especially industrials and info tech.
Australian shares snap four session losing streak,supported by big gains in energy producers,miners and healthcare stocks.
Local shares were up more than 1pc in early trade but closed marginally lower. Weakness in banks,REITS and healthcare offset gains in the big miners.
The S&P/ASX 200 ended Wednesday at 5221.2 points,a gain of just 0.1 points.
Australian shares rally for a fourth week in renewed hopes for an end to coronavirus restrictions,brushing aside a raft of weak economic data.
Australian shares rally for fourth week,brushing aside a plethora of weak economic data on renewed hopes for an end of coronavirus restrictions.
Gloomy economic data from abroad brings downside risks for earnings back into focus.
Local shares remain in the red as gloomy economic data from abroad brings downside risks for earnings back into focus.