The Australian sharemarket has roared, getting back to its best position since September on the chance of rate cuts in 2024.

MARKET WRAP:

• ASX200: up 1.65%, 7,178
• AUD: 65.90 US cents
• GOLD: $2,045 US/oz

• BITCOIN: $66,238 AUD
  
  

• Real estate, bank and technology stocks were among the best performers on a bumper day.
• Mirvac increasing 4.4 per cent to $2.10
• Dexus up 3 per cent 
• Goodman rallying 1.7 per cent to $23.48
• Endeavour Group rallied 2 per cent to $5.18
• Pilbara Minerals today up 5 ½ per cent to $3.41
• IGO up more than 4% to $7.80
• Investment house Washington H Soul Pattinson has made a bid for wealth company Perpetual
• Perpetual climbed 5.1 per cent on the day
• Sigma entered a trading halt as it raises about $350m through Goldman Sachs as part of plans for a back door listing of the $3bn Chemist Warehouse.