The Australian sharemarket has reached a record high, surpassing 8100 points, driven by rate optimism and rising oil prices. The S&P/ASX 200 increased by 34 points, or 0.4%, to 8126.7, building on gains from the previous day following lower core inflation figures that eased rate concerns.

The Australian sharemarket extended its gains at midday as the quarterly inflation gauge met expectations, indicating that rising inflation had returned to predictable territory. The S&P/ASX 200 Index climbed 1.5%, or 119.2 points, to 8072.4

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The Australian sharemarket experienced broad gains, driven by a positive rebound on Wall Street following inflation data, suggesting the US Federal Reserve may lower interest rates. The S&P/ASX 200 Index rose by 0.8%

The Australian sharemarket advanced at midday, recovering some earlier losses. The S&P/ASX 200 Index rose 0.9%, or 69.4 points, to 7930.6, with nine of the 11 sectors trading in the green. The Australian dollar steadied at US65.5¢ after a week of selling.

Australian shares fell by 1 per cent at midday, with losses across all sectors. Mining stocks continued to decline due to concerns over China’s economy.

The Australian share market remained flat at midday, with the S&P/ASX 200 Index steady at 7969.8, following a weak lead from Wall Street.

The Australian sharemarket is extending its early gains by midday, buoyed by a strong rally in US tech stocks overnight. The S&P/ASX 200 index has risen 0.7% to 7989, driven by a 1.9% increase in the tech sector

The benchmark S&P/ASX 200 Index fell 0.8% or 63.6 points to 7908 at midday, following last week’s peak of 8000. The materials, energy, and real estate sectors experienced the steepest declines.

Australian shares fell by 1.2% to dip below 8000 points at lunchtime, driven down by declines in the banking, mining, and technology sectors.