ASX hits hundred-day high as retailers rise on rate cut hopes

All four big banks were also in the green, as CBA – the biggest company on the ASX – recorded gains of 1 per cent, while Westpac (up 0.7 per cent), ANZ (up 0.2 per cent), and NAB (up 1 per cent) also rose.

The tech sector was bolstered by gains from data centre operator NextDC (up 0.4 per…