ASX has best gains in more than two weeks: Wednesday 7 July

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Steven Deare
(Australian Associated Press)


Investors enjoyed the biggest gains on the ASX in more than two weeks, recouping Tuesday’s losses.

Information technology and consumer staples shares were the standouts, up 2.82 per cent and 1.86 per cent respectively.

Afterpay climbed 4.55 per cent to $120.01.

In consumer staples, Woolworths improved by 1.94 per cent to $37.89.

The benchmark S&P/ASX200 index closed up 65.1 points, or 0.9 per cent, to 7326.9 on Wednesday.

The All Ordinaries closed higher by 67.9 points, or 0.9 per cent, to 7599.3.

The Australian dollar was buying 75.01 US cents at 1618 AEST, lower from 75.95 US cents at Tuesday’s close.


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