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Bank shares stretch record run as cheap money flows
2015-02-16 08:04:07| Automakers - Topix.net
Commonwealth Bank of Australia lifted 0.3 per cent to a record $93.47 on the last day investors could buy the shares and be entitled to the bumper $1.98 interim dividend. Photo: Getty Images Australian shares rallied to close at a fresh seven-year high Monday as a lowering of global interest rate expectations continued to push foreign capital into the domestic market, while local investors drove Commonwealth Bank shares to another record close, taking advantage of their last chance to qualify for a bumper interim dividend.
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Category:Automotive
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