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The Australian share market finished up 7% on Monday ahead of the country’s government announcing a new spending package as the closing bell rang.
Health stocks led the charge, with Mayne Pharma and Ansell both skyrocketing by more than 25% and Estia surging more than 15%.
Mining services group Parenti Global was the biggest loser among top 200 companies, falling 7%, and buy-now-pay-later fintech Afterpay slumped 3.7% as short-sellers built significant stakes in the company.
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