10-year high: Aus shares close 1.2% higher

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20 Jun 2018 - Market Wrap. ASX gains 1.2%, hitting 10-year high and the chart says it has further upside. Financials led with CBA and WBC gaining 2.9%. Credit Corp adds 2%. Galaxy Resources up 3.3%, leading miners higher. FMG, BHP, RIO close neck-on-neck. Telstra loses 4.8%. Atlas Iron (ASX:AGO) a step closer to being taken over by Gina Rinehart’s company after Mineral Resources (ASX:MIN) won't make a counter offer.

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