Australian Shares Finish 0.3% Higher

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Australian Shares Finish 0.3% Higher
Credit: © Reuters.

By Oliver Gray 

Investing.com - The S&P/ASX 200 added 19.90 points or 0.31% to 6,528.40 during Thursday’s trade, reversing losses of 0.2% in the previous session with Real Estate and Health Care companies leading the gains, up 2.7% and 2% respectively.

Among stocks, Mirvac Group (ASX: MGR ) lifted 1.5%, Charter Hall Group (ASX: CHC ) gained 2%, Goodman Group (ASX: GMG ) added 4.9% and Stockland Corporation Ltd (ASX: SGP ) lifted 2.7%.

CSL Ltd (ASX: CSL ) lifted 2.2%, Sonic Healthcare Ltd (ASX: SHL ) added 2.6%, Fisher & Paykel Healthcare Ltd (ASX: FPH ) gained 2.3% and Resmed Inc (ASX: RMD ) lifted 2.1%.

Consumer Staples lifted 1.6% with Woolworths Ltd (ASX: WOW ) adding 1.8%, Coles Group Ltd (ASX: COL ) adding 2.3% and Metcash Ltd (ASX: MTS ) up 3.8%.

Information Technology gained 1.5% overall with Block Inc (ASX: SQ2 ) up 4.7%, Appen Ltd (ASX: APX ) lifting 3.2%, Altium Ltd (ASX: ALU ) up 2.3% and Xero Ltd (ASX: XRO ) gaining 1.9%.

Meanwhile, Energy lost 2.1% with Woodside Energy Ltd (ASX: WDS ) down 2.6%, Santos Ltd (ASX: STO ) falling 2% and Beach Energy Ltd (ASX: BPT ) down 2.4%.

Materials fell 1.5% with Rio Tinto Ltd (ASX: RIO ) down 1.8%, BHP Billiton Ltd (ASX: BHP ) falling 1.3%, Fortescue Metals Group Ltd (ASX: FMG ) losing 2.1% and Champion Iron Ltd (ASX: CIA ) down 8%.

On the bond markets, Australia 10-Year rates were at 3.854% while United States 10-Year yields were at 3.166%.

In New Zealand, the NZX 50 added 1.3% to 10,813.9.

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