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Australian Share Market Recovers Losses, Regal Partners Among Top Gainers

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Australian Share Market,Recovery,Regal Partners

The Australian share market has recovered from its previous week's low, with the index remaining virtually unchanged over the last five days. Regal Partners emerged as one of the top gainers, while most industries saw their share prices go up.

The market managed to recover its losses from the last week, where it reached a 2023 low of 6,812.00 last Thursday.

Meanwhile, the All Ords also rose, adding 57.1 points or 0.82 per cent to its value, leaving it at 7,024.60. The sectors were led by real estate which rose by 1.85 per cent followed by healthcare and energy which each increased by 1.45 per cent and 1.13 per cent respectively. Other companies receiving a boost were Chalice Mining, which saw its share price rise by 8.94 per cent to $1.95, and Pro Medicus which shot up by 5.18 per cent to $78.40 after signing an eight year contract with South Shore Health worth $16m.

In the lead was Fortescue, which was up 2.51 per cent to $22.86, followed by Rio Tinto which rose 2.45 per cent to $120.44 and BHP which increased by 1.55 per cent to $45.19.

 

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