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AU Evening Wrap: Australia Shares Fall 0.3% Ahead of Budget Announcement; Critical Minerals Miners Rise
Critical mineral miners were among the best performers on the ASX, as they were expected to be among the big winners after the budget announcement.
Copper Above $10,000 as Supply Worries Counter Faltering Demand
Copper climbed above $10,000 a ton as predictions for tighter global supplies and rising consumption in electric vehicles and power grids countered signs of demand destruction in top user China.
AU Evening Wrap: Australia Shares Gain 0.5%, Driven by Tech Stock Strength
The information technology sector rose 1.7%. Energy was the day's biggest sectoral loss, falling 0.8%.
AU Evening Wrap: Australia Shares Rise 0.5% Amid Large-Cap Gains
The benchmark index shrugged off a soft lead by U.S. equities and was already higher when it jumped around the release of jobs data showing a continued gradual loosening of the country's employment market.
AU Evening Wrap: Australia Shares Slip 0.1% on Large-Cap Weakness
All five of the country's largest banks finished lower.
AU Evening Wrap: Australia Shares Close 0.2% Lower, Dragged by Banks
Financials were one of the biggest drags on the benchmark, with the sector dropping 1.9%.
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