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Questor share tip: although Warpaint London’s shares have already soared, we think there should be further gains to come

Australian shares are gaining for the second straight session on Wednesday, with the benchmark S&P/ASX 200 staying above the 7,000 mark, following the broadly positive cues from Wall Street overnight, boosted by primarily by strong gains is gold miners and technology stocks.

Recouping most of the losses in the previous session, the Australian stock market is notably higher on Tuesday, despite the broadly negative cues from global markets overnight.

With the mood remaining a bit cautious amid concerns about interest rates and the impact of higher borrowing costs on global economic growth, Asian stock markets are mostly lower on Monday, following the mixed cues from Wall Street on Friday.

After opening in the green, the Australian stock market is currently trading modestly lower on Monday, giving up the gains in the previous session. The benchmark S&P/ASX 200 is staying above the 7,000.