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Australian shares peak at new record

Summary by Canberra CityNews
Seven of 11 local sectors were trading higher by lunchtime, with materials showing strength. (Bianca De Marchi/AAP PHOTOS) By Adrian Black Australia’s sharemarket has defied expectations of a flat start to the week to spike a new intraday peak, as hopes a potential interest rate cut. The S&P/ASX200 rose 19.5 points, or 0.33 per cent, to 8836.6, as the broader All Ordinaries gained 28.1 points, or 0.34 per cent, to 9107.3. The top-200 briefly hit…
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Canberra CityNewsCanberra CityNews
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Australian shares peak at new record

Seven of 11 local sectors were trading higher by lunchtime, with materials showing strength. (Bianca De Marchi/AAP PHOTOS) By Adrian Black Australia’s sharemarket has defied expectations of a flat start to the week to spike a new intraday peak, as hopes a potential interest rate cut. The S&P/ASX200 rose 19.5 points, or 0.33 per cent, to 8836.6, as the broader All Ordinaries gained 28.1 points, or 0.34 per cent, to 9107.3. The top-200 briefly hit…

·Canberra, Australia
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Canberra CityNews broke the news in Canberra, Australia on Monday, August 11, 2025.
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