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ASX 200 ends up 0.9pc at 3-day high; CBA record high; Telstra gains

Australia's sharemarket rebounds strongly on light volume as US futures add to slightly positive offshore leads, Telstra surprises with hefty price increases and banks soar with CBA hitting a record high.

David Rogers and Joseph Carbone
The ASX is expected to have a strong day after gains in US tech stocks. Picture: Jeremy Piper
The ASX is expected to have a strong day after gains in US tech stocks. Picture: Jeremy Piper
less than 2 min read
6:02PMJuly 09, 2024
The Australian Business Network

Welcome to the Trading Day blog for 9 July, 2024. Australia's sharemarket rebounded strongly on light volume as US futures add to slightly positive offshore leads, Telstra surprises with hefty price increases and banks soar with CBA hitting a record high.

The Aussie dollar is trading around US67.35c.

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-expected-to-rise-after-nvidia-apple-shoot-nasdaq-to-record/live-coverage/cdd8d6d007b73349370d1485d7fc636d