CAPITAL MARKETS

Shares soar as RBA holds rates

AUSTRALIAN stocks rocketed back into positive territory today following yesterday’s Greece inspired sell-off, while the Reserve Bank of Australia left the cash rate unchanged for another month.

Jack McGinn

The S&P/ASX 200 index more than recovered yesterday’s losses, rallying early and maintaining its strength throughout the day to close 1.9% or 106.4 points higher at 5581.4 points. The strong gains coincided...

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