A flurry of local deals as well as global optimism ahead of the US Federal meeting drove the ASX close to a 2016 high.
The market had largely priced in an interest rate hike, so local investors took their cues from record-breaking performances on Wall Street, while shares around the region were fairly subdued.
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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
