AUSTRALIAN STOCKS CRACK 6000 ON THE ASX200: Here's what you need to know

Corey Brown, jockey of Rekindling, kisses the Melbourne Cup. Darrian Traynor/Getty Images

Australian stocks finally broke through the 6000 mark on the ASX200 again after almost a decade since the GFC.

Today’s scoreboard:

  • ASX200: 6,014.30 +60.52 +1.02%
  • All Ordinaries: 6,087.40 +60.21 +1.00%
  • AUD/USD: 0.7682 -0.0010 -0.13%

The local market finally pushed through the key 6000 barrier on the ASX200, a point last seen in January 2008.

The index bounced back below 6000 twice before gaining a foothold, pushed by a rally in resources stocks on the back of rising commodity prices.

BHP was up 3.9% to $28.75, energy company Woodside Petroleum 3.3% to $33.29 and pure play iron ore miner Fortescue Metals 4.8% to $5.03.

Macquarie Group, which went ex-dividend, fell 1.5% to close at $97.93.

The four big banks were in positive territory with the ANZ 0.9% higher at $30.02.

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