Aussie health stocks hit over 3-week high on strong U.S. dollar

ResMed

24/03/2021 01:10

** Export-focused Australian healthcare companies  .AXHJ , which
earn in U.S. dollars, rise as much as 1.5% to hit their highest
since March 2
    ** The U.S. dollar surged to a two-week high as yields on
U.S. Treasuries slipped  USD/ 
    ** Australia's healthcare index is on track to post its
third consecutive session of gains 
    ** Biotech giant CSL Ltd  CSL.AX  adds as much as 1.7%
    ** Medical devices maker Resmed Inc  RMD.AX  and medical
imaging co Pro Medicus Ltd  PME.AX  gain as much as 1.8% and
3.1%, respectively
    ** AXHJ has fallen 3.8% this year, as of last close
  

 (Reporting by Vasudha Kaukuntla in Bengaluru)
 ((Vasudha.Kaukuntla@thomsonreuters.com))