Marcin Frąckiewicz

SYDNEY — Australia’s sharemarket heads into Christmas week with the ASX 200 hovering around the 8,600 mark, after a late-week rebound in banks and technology steadied nerves — but didn’t deliver a convincing “Santa rally” story just yet. Friday’s lift came as offshore sentiment improved and investors rotated back into select growth names, while energy and health care continued to weigh on broader momentum. ABC+2IG+2

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