Australia Stock Market Today: ASX 200 Closes at 8,640.60 as BHP, Tech Shares Rise Before Fed
Australia’s S&P/ASX 200 closed up 0.31% at 8,640.60 on Wednesday, following the Reserve Bank’s rate hike to 4.1%. Real estate, utilities, and tech stocks led gains, while healthcare fell. BHP rose 0.9% after naming Brandon Craig CEO; Woodside appointed Liz Westcott as permanent CEO. Brent crude spiked to $108.51 after Iran’s Pars gas field was hit, fueling inflation concerns ahead of the Fed decision.