Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
Derek Rose

Iron ore rally helps lead Australian shares higher

Eight of ASX sectors rose, while financials and consumer discretionary were flat and tech fell. (Bianca De Marchi/AAP PHOTOS)

The Australian share market has gained ground, boosted by a jump in iron ore prices as data showed China imported a record amount of the steelmaking ingredient in 2024.

The benchmark S&P/ASX200 index on Tuesday finished up 39.1 points, or 0.48 per cent, to 8,231.0, while the broader All Ordinaries climbed 39.9 points, or 0.47 per cent, to 8,471.8.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.