Aussie shares creep higher after dodging AI volatility
要点
- Australian shares started the week higher after shrugging off volatility in the artificial intelligence sector. The S&P/ASX200 rose 0.44 per cent to 8845.7 on Monday, while the All Ordinaries gained 0.39 per cent.
- Energy stocks rose more than two per cent after Middle East supply disruptions pushed Brent crude as high as US$110 a barrel over the weekend. Banks and other financial stocks kept recovering from August's sell-off, acting as a safe haven after tech and chip stocks fell last week.
- The Australian dollar was buying 69.75 US cents, up from 69.42 US cents on Friday.
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