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Sharemarket rallies on record housing data: Aus shares close 0.8% lower

02 Mar 2020 – The Australian share market made gains in the back half of the trading session off the back of positive housing data and projections that a cash rate cut may be around the corner. But it was not enough to counteract this morning’s losses. The Financial sector saw the greatest losses. WiseTech Global (ASX:WTC) continued its bullish rally climbing around 13 per cent today.

Source: Finance News Network

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