The ASX 200 closed the day up by 0.42% on Tuesday.
As per Ross Greenwood, Business Editor from Sky News, at one stage, the market reached 7,100 points.
“The best sectors are IT companies, iron ore miners, TELCOs, and real estate,” Mr. Greenwood stated.
Although for the rest of the day the market declined, it ended the day in green.
Mr. Greenwood further stated that the Reserve Bank might hike the interest rates as the market closed in green.
- Published By Team Australia News