Australia shares end higher on hopes pandemic is peaking [Reuters]
AUSTRALIA&N Z BKG S/ADR (ANZBY)
NASDAQ:AMEX Investor Relations:
en.wikipedia.org/wiki/australia
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Source: Reuters
Australia shares end higher on hopes pandemic is peaking * Benchmark clocks best week in more than eight years * CSL maintains full-year guidance, shares rise 5.5% * Energy stocks gain on hopes of oil production cuts (Updates to close) April 9 (Reuters) - Australian shares closed higher on Thursday amid hopes the coronavirus outbreak was nearing a peak in the United States, while positive comments about the strength of Australian lenders by the central bank also boosted sentiment. The S&P/ASX 200 index closed up 3.5%, or 180.4 points, at 5,387.3, tracking overnight gains on Wall Street. With a weekly gain of 6.3%, the benchmark clocked its best week since December 2011. New York Governor Andrew Cuomo said the state’s efforts at social distancing were working in controlling the virus’ spread as hospitalizations reduced on Tuesday from the day before, offering a spot of relief to investors. “Signs that the number of new daily coronavirus cases is plateauing are driving expectations that
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