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Investors bask in mother of all relief rallies as Labor fears dissipate

Investors bask in mother of all relief rallies as Labor fears dissipate The sharemarket gains, which took the index up to levels not seen since before the global financial crisis, were driven by the Australian banks..

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Investors bask in mother of all relief rallies as Labor fears dissipate 2019-05-20 watoday.com.au Euphoria overtook the sharemarket on Monday morning in the wake of the Coalition victory as fears that Labor’s policies, which threatened certain sectors and high dividend paying stocks, dissipated.

By the afternoon the ebullience had given way to a collective sigh of relief – one, however, that still took the market to an 11-year high. As such it was the mother of all relief rallies.

Investors bask in mother of all relief rallies as Labor fears dissipate Euphoria overtook the sharemarket on Monday morning in the wake of the Coalition victory as fears that Labor’s policies, which threatened certain.

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