Australia: Shares end higher on stimulus, hopes of easing curbs

The Business Times | Oct 1, 2020 at 2:00 AM
  • Australian shares closed higher on Thursday, rebounding from a more than 2 per cent drop in the previous session, boosted by stimulus talks and hopes of further easing in coronavirus restrictions in the country.
  • Aiding sentiment was a headway made by US lawmakers for a new US$2.2 trillion pandemic relief package.
  • Financials were lifted by Commonwealth Bank of Australia and Australia and New Zealand Banking Group.