ASX 200 jumps 1.1pc; inflation cools in May; Bega hits decade low
Shares rally by more than 1 per cent as CPI slows to 5.6 per cent in May. Dollar hits three-week low. Harvey Norman lifts despite profit drop warning. Bega closes at 2013 low.
Welcome to the Trading Day blog for Wednesday, June 28. The Australian sharemarket notched up its biggest one-day rise since April cooling inflation increased the odds that the Reserve Bank could leave rates on hold when its meets next week.
The S&P/ASX 200 jumped 1.1 per cent, or 78.30 points to 7196.50.
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