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Australian shares finish the week at fresh 5-month highs

Published 25/11/2022, 04:48 pm
© Reuters.
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By Oliver Gray 

Investing.com - The S&P/ASX 200 added 14.7 points or 0.2% to close at fresh 5-month highs of 7,259.5 during Friday’s trade, extending gains for the fourth consecutive session as the real estate and industrial sectors led the gains.

Among stocks, Mirvac Group (ASX:MGR) gained 1.9%, Goodman Group (ASX:GMG) added 1.1%, Charter Hall Group (ASX:CHC) gained 2% and Stockland Corporation Ltd (ASX:SGP) lifted 0.8%.

Reece Ltd (ASX:REH) gained 2.7%, Brambles Ltd (ASX:BXB)lifted 0.8% and Transurban Group (ASX:TCL) added 0.6%.

Meantime, materials led declines, down 1.1% as Rio Tinto Ltd (ASX:RIO) and BHP Group Ltd (ASX:BHP) fell 0.8% apiece while Fortescue Metals Group Ltd (ASX:FMG) dipped 1.2%.

On the bond markets, Australia 10-Year rates were at 3.582%

In New Zealand, the NZX 50 added 0.5% to 11,382.6.

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