Market Close 15 Oct 25: ASX posts best day in weeks
Manage episode 513697718 series 3531694
The ASX200 was up about 0.9 % in afternoon trade, close to the 9 000‑point psychological barrier, driven chiefly by a 1.2 % rise in the financials sector as major banks posted stronger earnings and dividend upgrades. Materials also added strength after softer Chinese inflation data, while energy fell on lower oil prices. Looking ahead, market focus will shift to US bank results, the US Fed’s upcoming rate decision, and Australia’s jobs report due tomorrow, which could steer the RBA’s policy path.
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