Following the surge in Wall Street stocks last Friday, August 21, 2009, Australia’s stock market shares hit the ceiling today as investors in the country warmly reacted to the Wall Street Stock surge.

With the current trend on stock market trading in Australia today,  investors are gearing up for what seems to be a good financial year for Australia’s stock traders and the country’s economic state as a whole. Leading the surge in Australia’s stock market is the BHP Billiton Company with stock shares rise of 3.9% as base metals where higher in the London board last weekend.

Following the rise on resource stocks are the bank and energy stock market shares with the total rise of 2.5% and 2.4% respectively. With the Macquarie Investment Bank group rise of 4.5% leading the surge in Australia’s bank shares and Oil shares rising up to 3.8% in a 10 month period contributing much to the rise of the energy shares in Australia of 2.4%.

In short, this year seems to be a good financial year for Australia with all the investors’ positive outlook on Australia’s stock trading shares due to the slowly recovering U.S economy. Not only investors are showing positive signs of a growing economic and market shares in Australia today but also, working and common Australian’s are showing positive signs, this is due to the high rise of consumer stocks and trading.

With Australians spending more today on basic needs like food and water, the Wesfarmers and Woolworths company shares rise to a record 1.6% and 2.5% respectively. Following the rise in consumer shares are the Healthcare sector with a rise of 0.8% overall. This means that common Australian consumers are also bringing the stock market shares and the economy of the Country to a total spin up.

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