ASX 200 surges to record highs near 7,900 following softer economic data from Australia

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ASX 200 surges to record highs near 7,900 following softer economic data from Australia
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The ASX 200 Index rises to nearly 7,900, up by 0.26% on Thursday, extending gains to new record highs.

ASX 200 Index extends its gains on expectations of RBA deducting interest rates in the second half of 2024. Australia’s Consumer Inflation Expectations increased by 4.3% in March, against the previous rise of 4.5%. Allup Silica has extended its application potential by achieving high-purity results from its Sparkler project.

4 grams per tonne of Gold, amounting to 61,100 tonnes of copper and 37,000 ounces of Gold. Australian Stock Market FAQs Which are the main stock market indexes in Australia? Stock markets in Australia are managed by the Australian Securities Exchange , headquartered in Sydney. The main indices are the S&P/ASX 200 and the S&P/ASX 300, which track the performance of the 200 and 300 largest stocks by market capitalization listed on the exchange, respectively.

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