ASX lifts 1.4%: All sectors finish in green
![](https://www.sharecafe.com.au/wp-content/uploads/2024/05/fnn-459373.jpg)
The Australian sharemarket surged by 1.4 percent following the Reserve Bank of Australia's decision to maintain the cash rate, resulting in gains across all 11 sectors, with the S&P/ASX 200 Index climbing to 7793.3 points at closing.
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