AGL 37.99 Decreased By ▼ -0.03 (-0.08%)
AIRLINK 211.00 Increased By ▲ 13.64 (6.91%)
BOP 9.65 Increased By ▲ 0.11 (1.15%)
CNERGY 6.39 Increased By ▲ 0.48 (8.12%)
DCL 9.25 Increased By ▲ 0.43 (4.88%)
DFML 37.64 Increased By ▲ 1.90 (5.32%)
DGKC 98.68 Increased By ▲ 1.82 (1.88%)
FCCL 35.99 Increased By ▲ 0.74 (2.1%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 14.16 Increased By ▲ 0.99 (7.52%)
HUBC 129.77 Increased By ▲ 2.22 (1.74%)
HUMNL 13.79 Increased By ▲ 0.29 (2.15%)
KEL 5.47 Increased By ▲ 0.15 (2.82%)
KOSM 7.34 Increased By ▲ 0.34 (4.86%)
MLCF 45.48 Increased By ▲ 0.78 (1.74%)
NBP 60.70 Decreased By ▼ -0.72 (-1.17%)
OGDC 220.60 Increased By ▲ 5.93 (2.76%)
PAEL 40.80 Increased By ▲ 2.01 (5.18%)
PIBTL 8.50 Increased By ▲ 0.25 (3.03%)
PPL 198.00 Increased By ▲ 4.92 (2.55%)
PRL 40.05 Increased By ▲ 1.39 (3.6%)
PTC 27.53 Increased By ▲ 1.73 (6.71%)
SEARL 108.50 Increased By ▲ 4.90 (4.73%)
TELE 8.64 Increased By ▲ 0.34 (4.1%)
TOMCL 36.00 Increased By ▲ 1.00 (2.86%)
TPLP 13.70 Increased By ▲ 0.40 (3.01%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 34.16 Increased By ▲ 1.19 (3.61%)
WTL 1.69 Increased By ▲ 0.09 (5.63%)
BR100 12,040 Increased By 313.3 (2.67%)
BR30 37,394 Increased By 1017.2 (2.8%)
KSE100 112,708 Increased By 3195.1 (2.92%)
KSE30 35,555 Increased By 1041.3 (3.02%)

Australian shares hit a record high on Thursday, extending gains made from the country's stronger-than-expected first-quarter economic growth data, with high commodity prices lifting the resource-heavy benchmark index further.

The ASX 200 index climbed 0.6% to 7,261.00 by 0026 GMT, after having closed 1.1% higher on Wednesday.

Sentiment was buoyant from Australia's solid economic growth data on Wednesday that showed output had returned to pre-COVID-19 levels, while the energy and gold indexes jumped on firmer commodity prices.

The energy index climbed nearly 2% to gain most on the benchmark and to its highest since April 16, as oil prices hit a more than 1-year high on OPEC+ decision to stick with its plan to ease supply cuts through July.

Natural gas majors Woodside Petroleum and Santos Ltd added 2.3% each.

Financial stocks followed suit, rising 0.7%, with the "big four" banks gaining between 0.7% and 1%.

Miners added 0.7% to hit their highest in two weeks as iron ore prices jumped on hopes of easing production curbs for steel products.

Tech stocks tracked Nasdaq higher to rise 0.5%.

Gold stocks advanced 0.8% as bullion inched up, with Red 5 Ltd gaining 2.9% to be the best performer.

In New Zealand, the benchmark S&P/NZX 50 index traded up 0.5% to 12,446.680.

In other markets, Japan's Nikkei was up 0.6% at 29,107.57, while the S&P 500 E-minis futures were up 4.5 points, or 0.11%.

Comments

Comments are closed.