Australian shares climbed 0.8 per cent on Tuesday aided by broad-based gains across all sectors as sentiment was buoyed by better-than-feared results from several large companies in the earnings season so far.
The S&P/ASX 200 index rose 42.15 points to 5,557.20 by 0115 GMT. The benchmark lost 0.21 per cent on Monday.
Banks and healthcare stocks led gains, aided by strong earnings from healthcare services provider Healthscope which posted a nearly 19 per cent rise in full year profits.
Australian companies have fared well in the current earnings season which is almost halfway through, Deutsche and UBS analysts wrote in separate 'earnings review' notes.
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The S&P/ASX 200 index rose 42.15 points to 5,557.20 by 0115 GMT. The benchmark lost 0.21 per cent on Monday.
Banks and healthcare stocks led gains, aided by strong earnings from healthcare services provider Healthscope which posted a nearly 19 per cent rise in full year profits.
Australian companies have fared well in the current earnings season which is almost halfway through, Deutsche and UBS analysts wrote in separate 'earnings review' notes.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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