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AAP
AAP
Business
Jacob Shteyman

EXPLAINED: Australian shares gain ahead of anticipated rate pause | Rare Historical Photos

The ASX200 has climbed as investors feel more confident of an imminent end to the rate hiking cycle. (James Gourley/AAP PHOTOS)

The local share market has made a solid start to the week as expectations of an imminent end to the global rate rise cycle send investors swarming back to equities.

The benchmark S&P/ASX200 index on Monday finished up 51.1 points, or 0.73 per cent, at 7,124.7 in its highest close since September.

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