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.

The Australian sharemarket has roared, getting back to its best position since September on the chance of rate cuts in 2024.
 
MARKET WRAP:
 
<ul>
<ul>
<li aria-level="1">ASX200: up 1.65%, 7,178</li>
<li aria-level="1">AUD: 65.90 US cents</li>
<li aria-level="1">GOLD: $2,045 US/oz</li>
</ul>
</ul>
<ul>
<li aria-level="1">BITCOIN: $66,238 AUD </li>
</ul>
<ul>
<li aria-level="1">Real estate, bank and technology stocks were among the best performers on a bumper day.</li>
<li aria-level="1">Mirvac increasing 4.4 per cent to $2.10</li>
<li aria-level="1">Dexus up 3 per cent </li>
<li aria-level="1">Goodman rallying 1.7 per cent to $23.48</li>
<li aria-level="1">Endeavour Group rallied 2 per cent to $5.18</li>
<li aria-level="1">Pilbara Minerals today up 5 ½ per cent to $3.41</li>
<li aria-level="1">IGO up more than 4% to $7.80</li>
<li aria-level="1">Investment house Washington H Soul Pattinson has made a bid for wealth company Perpetual</li>
<li aria-level="1">Perpetual climbed 5.1 per cent on the day</li>
<li aria-level="1">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.</li>
</ul>

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Money News &mdash; the most respected business program on radio.
If you crave the latest insights into super &amp; small business, interest rates &amp; investment, and economics &amp; e-commerce, then the team at Money News has everything you need to know.
Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing <a href="mailto:moneynews@2gb.com">moneynews@2gb.com</a>