19 Sep 2025 | 3 Mins Read
Banks and healthcare stocks boost Australian shares
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Australian shares rose 0.5% to 8,787.40, led by heavyweight banks and healthcare firms, following soft domestic labour data that boosted expectations for an interest rate cut. Banks advanced 0.4%, with Commonwealth Bank rising 1.1%. Healthcare firms rose 2%, while tech stocks hit a record high after Wall Street indices notched record highs.