SYDNEY, AAP – Investors have enjoyed their biggest gains on the ASX since early August despite jobs figures showing lockdown impacts on the economy.
The market on Thursday gained more than 0.5 per cent after a broad-based rally.
Many workers in Australia have given up looking for jobs during coronavirus lockdowns in the ACT, NSW and Victoria, according to August employment figures. There were 146,000 fewer people employed.
The benchmark S&P/ASX200 index closed higher by 43.2 points, or 0.58 per cent, to 7460.2.
The All Ordinaries closed up by 36.6 points, or 0.47 per cent, to 7759.8.
The Australian dollar was buying 73.20 US cents at 1622 AEST, higher than 73.18 US cents at Wednesday’s close.