
The Australian share market notched another record high this week, with the ASX 200 rising 0.4%. Materials stocks led the gains, buoyed by a strong rally in gold prices which pushed past US$4,200 an ounce. Local investors were also eyeing potential interest rate cuts from the RBA, as renewed concerns over global trade tensions and US credit market health stoked uncertainty. Five of the eleven major sectors finished in positive territory, showing resilience despite a mixed global backdrop.
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