Shares fin­ish close to record high

Mercury (Hobart) - - BUSINESS -

AF­TER los­ing ground in the fi­nal min­utes of trad­ing yes­ter­day, Aus­tralia’s bench­mark share in­dex ended the ses­sion just shy of its record close last week.

The ASX 200 in­dex fin­ished up 16.3 points, or 0.2 per cent, at 6862.3 points — less than 2 points shy of its close at 6864 last Thurs­day.

Bur­man In­vest­ments port­fo­lio man­ager Julia Lee said the fu­tures mar­kets were pre­dict­ing gains overnight in the US, help­ing to sus­tain mo­men­tum here.

Biotech­nol­ogy ti­tan CSL set an­other all-time high, gain­ing 0.9 per cent to $286.10, hav­ing gained 54.5 per cent since the start of the year.

It was “the stock that just keeps on giv­ing”, said Ms Lee.

In min­ing, Fortes­cue Met­als rose 3 per cent to $10.02, BHP gained 0.2 per cent to $38.31 while Rio Tinto was up 0.6 per cent to $97.52.

In bank­ing, CBA rose 0.8 per cent to $81.43, ANZ 0.6 per cent to $24.99 and West­pac climbed 0.3 per cent to $24.60.

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