Australian Stock Market Rebounds After Three Days of Decline

Thu 13 Mar 25, 03:16 AM | Team Kalkine

Image source: Shutterstock

Highlights

The Australian stock market edged higher on Thursday, recovering some ground after three consecutive sessions of losses. The S&P/ASX 200 Index gained 22.10 points, or 0.28%, to 7,808.30, after touching a high of 7,816.30 earlier in the day. The broader All Ordinaries Index also added 0.31%, reaching 8,027.10, as traders took advantage of cheaper valuations following the recent downturn.

The rebound follows mixed cues from Wall Street, where the tech-heavy Nasdaq jumped 1.2%, while the S&P 500 climbed 0.5%, reflecting a partial recovery after recent volatility.

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