retailers push shares to one-month

Retailers push shares to one-month high September 1, 2011 - 4:18PM
.Close Australian shares rose to a one-month high today, the fourth straight day of gains, boosted by revived interest in retailers but constrained as banks ran into selling pressure.

At the close, the benchmark S&P/ASX200 index was up 11 points, or 0.3 per cent, at 4307.5, after earlier rising as much as 1.2 per cent, while the broader All Ordinaries index gained 12.8 points, or 0.3 per cent, to 4382.7.

Among the sectors, materials rose 0.3 per cent, financials added 0.2 per cent and consumer discretionary shares gained 0.7 per cent.


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