Australia shares starts 2024 higher on rate-cut hopes – Markets

Australian shares rose on Tuesday on broad-based buying after trading resumed post the holiday break, as investors welcomed the new year with hopes that key global central banks would start to cut interest rates in the coming months.

The S&P/ASX 200 index rose 0.4% to 7,620.7 by 0013 GMT.

The benchmark fell 0.3% on Friday. Weebit Nano, Boss Energy and Healius led the charge on the…

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News Source: www.brecorder.com