The Australian share market advanced for twelfth consecutive session, closing at highest level since May 2008 on Friday, 06 February 2015, amid growing expectation the Reserve Bank of Australia to continue cutting interest rates in the first half of 2015 after downward revisions to economic growth and inflation. The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index each gained by 0.16% to 5820.20 and 5774.70, respectively. Since the start of the rally on January 21, the ASX200 index has surged 10% higher.
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