Australian shares have moved higher on the back of a surprise interest rate cut, a weaker dollar and improved economic data from the United States and China.
Australian shares ended April near a five-month high, but amid a growing divide between high yield and growth stocks.
Australian shares have moved higher despite a shortened trading week, with the benchmark S&P/ASX200 index topping 5,100 on
a positive US lead.
Australian shares have struggled to regain the 5,000 line after a gold sell-off and concerns over Chinese growth hit mining stocks.
Australian shares have regained the 5,000 line after US stocks hit all-time highs, along with gains in Europe and Japan.
Australian shares have lost further ground in a subdued week of post-Easter trading, with the benchmark S&P/ASX200 index dropping below 4,900.
Australian shares have been rocked by troubles in Europe, with the financial crisis in Cyprus unsettling nervous investors.
Australian shares have had a week to forget, dropping for four straight days and slipping back
below the 5,000 line on worries over the health of the global economy.
Australian shares have seesawed around the 5,100 level as investors reflected on mixed economic data at home but strong
leads from offshore.
Australian shares have hit four-and-a-half-year highs on improved investor confidence, with US stocks continuing setting new records.
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