CAR Group Jumps 3.7% as Online Marketplaces Rally with ASX Bounce
CAR Group Ltd climbed 3.7% to finish Tuesday at A$26.70. Shares of the online car marketplace moved between A$26.10 and A$27.02, outpacing a wider move in Australian stocks. Trading volume hit 8.39 million shares. S&P/ASX 200, the main large-cap index in Australia, added 99.3 points, or 1.17%, to 8,604.7. The All Ordinaries was up 1.08% to 8,829.5. Investors stepped in after signs pointed to easing Middle East tensions for now.