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ABC News
ABC News
Business
business reporter David Chau, wires

ASX jumps as New Zealand lifts interest rates to seven-year high, Elon Musk to buy Twitter for $67b

Australian shares have risen sharply for a second straight day, buoyed by a growing belief among investors that central banks will continue to slow down its pace of interest rate hikes.

The ASX 200 index gained 1.7 per cent, to close at a two-week high of 6,816 points on Wednesday.

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