Ura­nium, gold push mar­ket up

Townsville Bulletin - - Investor -

THE Aus­tralian share mar­ket has closed higher led by ura­nium and gold stocks, as in­vestors con­tin­ued to di­gest de­vel­op­ments in Libya and the nu­clear emer­gency in Ja­pan.

The ma­jor banks gained in af­ter­noon trade to pull the mar­ket as a whole higher.

The bench­mark S& P/ ASX200 in­dex closed up 16.4 points, or 0.35 per cent, at 4,642.8, while the broader All Or­di­nar­ies in­dex gained 18.3 points, or 0.39 per cent, at 4,734.1.

Cameron Se­cu­ri­ties client ad­viser Adrian Lep­pi­nus said in­vestors were still cau­tious, mainly wait­ing to see what would hap­pen in Libya and Ja­pan.

Trad­ing vol­umes were lower than usual due to the spring equinox pub­lic hol­i­day in Ja­pan.

Turnover was 2.98 bil­lion shares worth $ 4.89 bil­lion, with 714 stocks up, 419 down and 379 un­changed.

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