The local share market has enjoyed its best performance in 20 months, surging to a record high for the ninth time this year after a cooling inflation report opened the door for interest rate cuts in 2024.
The benchmark S&P/ASX200 index on Wednesday gained 139.1 points, or 1.75 per cent, to 8,092.3, while the broader All Ordinaries rose 143.8 points, or 1.76 per cent, to 8,320.4.
