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The Australian share market is continuing to rise of its March lows, pushing further into positive territory hitting a four week high, as the coronavirus outbreak appears to have turned a corner, while in the US – a level of uncertainty was removed as Bernie Sanders stood from the presidential race, while the oil price gained 4% to about $26 a barrel ahead of planned production cuts by OPEC later today. US equities ended higher overnight with the S&P500 up 3.4%.

In terms of the most valued stocks, CSL shares rose 2% it affirmed its profit guidance for FY20 of $2.11 to $2.17 billion. The big four banks are higher today with ANZ and NAB up the most over 3% with WBC following, while the best big four bank performer this year, CBA is up 1%.

The Property, Industrials, and IT sectors are up 4 to 5%. Investors also watching; Perenti Global (ASX:PRN) as NAB became a major shareholder,  ooh! Media (ASX:OML) which gained for the second week (while it delayed its AGM due to COVID19), and Credit Corp (ASX:CCP) which has seen big institutional ownership changes. While Northern Star (ASX:NST) falls 3% on the gold price slip along with Independence Group (ASX:IGO)