Australian sharemarket edges higher on hopes of international travel resuming by October

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The sharemarket has ended the day higher as hopes of international border restrictions easing by October boosted confidence in travel stocks.

Australian shares edged higher on Thursday with large gains felt in aviation and travel stocks after Qantas signalled international borders could reopening by October. 

The benchmark S&P/ASX 200 index jumped 56.2 points, or 0.8 per cent, to 6834, with materials and banking stocks following gains on Wall Street, which saw a surge in commodity prices and a rise in bond yields.

The broader All Ordinaries index rose 56.3 points, or 0.8 per cent, to 7105.7, while the Australian dollar at the end of session was fetching 79.75 US cents and gold was trading at $US1797.6 per ounce.

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