Aussie Market Hits 6-Week High, Santa Rally Boosts Stocks
Update: 2025-12-23
Description
Australias share market surges, driven by hopes for a Santa rally and less hawkish Reserve Bank minutes. The S&P/ASX two hundred closes at eight thousand eight hundred point six, up one point one six percent. All eleven local sectors rise, with real estate and financials leading the charge. The Australian dollar strengthens against the US dollar, while gold and silver reach record highs. This positive trend reflects growing investor confidence as the holiday season approaches, setting the stage for more central bank watches in the coming weeks.
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