SYDNEY/WELLINGTON: Australian shares rose the most in more than two weeks on Wednesday, tracking overnight Wall Street gains buoyed by a potential US coronavirus stimulus package.
The S&P/ASX 200 index rose 0.7% to end at 6,679.2, posting its biggest intraday jump since Dec. 1.
In Australia, miners and financials were the top boosts, advancing 1.9% and 0.7%, respectively.
Commonwealth Bank of Australia rose 1%, after it announced a merger of its domestic home loans business with online loan platform Lendi. In New Zealand, the benchmark S&P/NZX 50 index rose 0.5% to end at 12,828.99.—Reuters
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