All Ords index tops $3.2 trillion as shares beat record

Australia’s stock market notched a second record close in as many days as gold stocks rallied on hopes that global energy supply disruptions will soon ease. The S&P/ASX 200 rose 43.8 points, or 0.47%, to a record 9,271.6, after briefly reaching a new intraday high of 9,296.7. The broader All Ordinaries climbed 46.6 points, or 0.5%, to an all-time high of 9,452, lifting combined market value above $3.2 trillion. Gains were supported by gold trading at its highest level in seven weeks before easing to $4,256 per ounce. Eight of 11 ASX sectors advanced, while real estate trusts slipped 0.9%.