Address

Precise Investors

Tuesday, December 7, 2021
Stocks & Shares

Australian shares rise

Australian shares rose on Monday, which much of the gains supplied by financials stocks sought for attractive dividend yields.

The S&P/ASX 200 index ended up 0.5 per cent or 31.17 points to 5,805.20.

The desire for high dividend yields – which are a feature of Australian banking stocks – was a driving factor in financial sector buying on Monday, said Michael McCarthy, chief market strategist at CMC Markets.

Important:

The articles are for information purposes only and Precise Investors shall not be held responsible for any errors, omissions or inaccuracies within it. Any rules or regulations mentioned within the website are those relevant at the time of publication and may not be the most up-to-date.

Precise Investors does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this website, or losses or damage you may incur doing so.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Please remember that investments of any type may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

Leave a Reply