Australian shares rose to a record high on Friday, as mining, energy and gold stocks gained on strong underlying commodity prices, while bets of an interest rate cut as early as next month also kept market sentiment upbeat.
The S&P/ASX 200 index was up 0.5% at 8,544.8, as of 2345 GMT, after rising to a record 8,544.0 level earlier in the session.
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