Australian Shares Gain for Second Session
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The S&P/ASX 200 Index increased by 0.2% to over 8,850, marking its second consecutive session of gains, driven by a Wall Street rally and improved consumer sentiment in Australia, which rose 12.8% in November. Financial stocks like ANZ Group and Westpac Banking saw gains, while Commonwealth Bank fell 4.5% due to poor quarterly results. Resource stocks also performed well, with notable increases from Lynas Rare Earths and Pilbara Minerals.
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