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Markets2h 37m ago
Australia's share market is edging higher, as gold stocks continue to rebound and oil falls to its lowest price since the Persian Gulf conflict began.
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Australia
Who
Australian investors, Moomoo dealing manager Chris Strazzeri, Ampol, Viva Energy, BHP, Commonwealth Bank, Macquarie, ARN Media, Karl Sandilands, Flight Centre, Qantas, Virgin Australia
What
Australia's share market is edging higher, as gold stocks continue to rebound and oil falls to its lowest price since the Persian Gulf conflict began.
When
Wed, 17 Jun 2026 02:41:54 GMT · 2h 37m ago
Where
Australia ·
Why
Falling oil prices, a softer outlook for global inflation and interest rates, and easing geopolitical tensions are supporting market sentiment.
The Frontline Impact
How this affects you
The Australian share market recorded gains across several sectors, with gold and materials companies benefiting from lower oil prices and easing inflation concerns, while energy stocks weighed heavily. Investors are looking to the US rate decision for further guidance.
Story chain
2 events in this thread- Markets2h 37m agoAustralia's share market is edging higher, with the S&P/ASX200 gaining 49.2 points by midday on Wednesday, up 0.55 per cent to 8,966.9.Open article
- Currently Reading2h 37m agoAustralia's share market is edging higher, as gold stocks continue to rebound and oil falls to its lowest price since the Persian Gulf conflict began.