Market Close 20 Jun 18: Australian sharemarket hits a 10 year high

The ASX 200 surged 1.2% or 70 points to a 10.5 year high of 6,172 today driven by gains from the banks which surged by as much as 2.5%. Investors shrugged off worries of escalating US-China trade tensions, US market weakness, a strengthening greenback and softer commodity prices.

 

 

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