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Australia’s S&P/ASX200 index trades a new all-time highs


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High takes out the 2008 high at 6851.50

The S&P/ASX index is trading up 44 points at 6870.60, and in the process has extended above the November 2007 all-time high price of 6851.50.  A new all time high for the index.   

Pop the champagne corks. The gains come on the back of recent tax in rate cuts.  
The index is up 21.62% on the year. The CSI300 is up 28.02% on the year, while the Shenzhen composite index is up 24.22%. 

The NASDAQ index in the US is up about 25% and the S&P 500 is up 20.5%.

I don’t know….It is hard to fathom these gains

ForexLive

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