Australian Sharemarket Surges 4.5%

The Australian sharemarket surged 4.5% on Thursday, echoing global relief rallies after President Donald Trump announced a 90-day suspension of tariffs for most trading partners. The S&P/ASX 200 index rose by 334.6 points to close at 7,709.6, marking its largest one-day percentage gain in over 12 months. All 11 sectors finished in the green, with each ASX 200 company posting gains—an exceptionally rare outcome.

The sharp rally across the ASX reflects renewed investor confidence, underpinned by easing geopolitical tension and robust sector performance. As markets recalibrate, strategic M&A activity is accelerating—highlighting opportunity across technology, retail, and infrastructure.