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Trump’s peace talks send ASX to 5-month high
['Cameron Micallef', 'Tue August At Am Gmt', 'Min Read']
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Peace talks from US President Donald Trump help lift the ASX 200.
Picture: Carlos Barria / NewsWire POOLPeace talks from US President Donald Trump have helped "turbocharge" the ASX 200, with local stocks rallying to a five-month high.
The benchmark ASX 200 climbed 126.50 points or 1.40 per cent to 9145.80, while the broader All Ordinaries rallied 133.50 points or 1.45 per cent to 9311.90.
Picture: NewswireIt was a strong day for the major four banks - led by NAB, which bounced 3.00 per cent to $42.85.
IG senior market analyst Tony Sycamore said markets continued to look favourably on peace talks between the US and Iran.