Australia Stock Market Today: ASX 200 Ends Lower as Oil Shock Hits Miners, Fuels RBA Hike Bets
Australia’s S&P/ASX 200 closed down 0.14% at 8,617.10 on Friday, led by an 18.8% plunge in Northern Star Resources after a production warning. Miners fell 2.1% while financials gained 1%. Oil-driven inflation fears pushed rate hike bets to 80% for next week’s RBA meeting. Qantas agreed to pay A$105 million to settle a class action over COVID-era flight credits.