Australian shares closed higher on Thursday, lifted by a rally in gold and tech stocks as a softer rise in U.S. private payrolls increased hopes that the Federal Reserve might not keep rates higher for much longer, while a dip in U.S. bond yields helped prop-up sentiment.
The S&P/ASX 200 index rose 0.5% to 6890.2. The benchmark had slipped to an 11-month low dropping 0.8% on Wednesday.
Market sentiment eased after U.S. private payrolls increased far less than expected in September.
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