The Australian stock market has risen for the fifth consecutive trading day.
The Australian stock market rose on Tuesday, with the S&P/ASX 200 benchmark index up 0.4% to 8269.00 points, marking the fifth consecutive trading day of gains. Among local companies with a market value of at least 15 billion Australian dollars, WiseTech Global led the gains, rising 4.9%, while Pro Medicus rose 4.4%. Macquarie Group was among the top three gainers, rising 3.7%. Evolution Mining saw the largest decline, falling 5.3%, followed by Northern Star Resources down 4.6% and Woolworths Group down 3.7%. The US dollar rose 0.6% against the Australian dollar, to 1 US dollar to 1.56 Australian dollars. In the bond market, the yield on Australian 10-year government bonds rose by 6.88 basis points to 4.390%.
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