Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.75% to 7,476.60.
The Australian share market or ASX index is uniquely known for its high dividend yield. On average, the ASX has a yield more than double that of the US S&P 500!
The S&P/ASX 200 (INDEXASX:XJO) fell another 0.7% on Tuesday as OZ Minerals (ASX:OZL) and Resimac (ASX:RMC) shares made headlines.
The S&P/ASX 200 (ASX:XJO) strengthened throughout the day to ultimately finish higher on Tuesday following a positive lead from Wall Street.