China's central bank unveiled a flurry of stimulus measures on Tuesday, triggering a broad-based rally for commodity prices and resource stocks.
The S&P/ASX 200 Materials Index finished the session 2.4% higher, the highest since 5 August, and the biggest single-session rally since 15 September 2023.
The Index is up another 2.7% on Wednesday afternoon, to a two-month high. This marks the largest two-day rally since 14 November 2022 amid a sharp rebound in iron ore prices.
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