ASX 200 Gains 6% as Banking and Tech Sectors Rally

Dec 23, 2024

The ASX 200 index has risen 6% year-to-date, supported by strong performances in the banking and technology sectors. Commonwealth Bank of Australia (ASX: CBA), a key player comprising about 10% of the index, has surged over 30% this year. Robust investor sentiment and sector-specific growth have contributed significantly to the benchmark's upward trajectory, reflecting resilience in the broader Australian equities market.

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