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AAP
AAP
Business
Adrian Black

Shares pare early gains, Aussie hits multi-week high

Australia
The S&P/ASX200 has slumped to a relatively meagre gain after an early surge in trading. (Bianca De Marchi/AAP PHOTOS)

Australia's share market has limped into the close after spiking on the back of a complex economic growth report, the lead crumbling as markets narrowed bets on a 2026 interest rate cut.

The S&P/ASX200 rose 15.5 points on Wednesday, up 0.18 per cent, to 8,595.2, as the broader All Ordinaries gained 16.7 points, or 0.19 per cent, to 8,894.2.

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