Forex trading store

Telstra, insidious gains lead market riseThe Australian share market has closed higher today steady gains in the mining sector and a rise in Telstra shares.

The All Ordinaries characteristic added 58 points to 4,633, and the ASX 200 likewise gained 1.3 per cent to close at 4,613.

Telstra made hard gains after an agreement with the Federal Government for the National Broadband Network.

Its shares surged since high as $3.46 when the share market first opened, end then eased throughout the day to close up 3.4 per cent at $3.34.

BHP Billiton and Rio Tinto both closed on every side of 2 per cent higher, while Fortescue Metals surged 4.6 per cent to close at $4.57.

Banking stocks also performed well, with ANZ jumping 1.9 per cent to $23.59 a part.

The Australian dollar was buying 88.42 US cents at 5:11pm (AEST).