Australian shares bounce back a day after slump due to loses in major banks; Lynas Rare Earths gets big boost, Bellevue Gold plunges, check S&P/ASX 200 top gainers and losers

Australian shares rebounded on Wednesday, with the S&P/ASX 200 climbing 0.28% to 8,707.30, surpassing its 50-day moving average. Top performers included Lynas Rare Earths and Silex Systems. This recovery followed a weaker session on Tuesday, influenced by bank losses and anticipation of inflation data. ASX cash market trades saw a significant 50% surge in December 2025.