CAPITAL MARKETS

Miners a beacon of hope on stormy day

THE Australian Securities Exchange put on a mixed performance for its midweek session, with the wider market opening strongly before slumping at midday due to the release of inflation numbers that were higher than expected, prompting an expectation of a Melbourne Cup Day interest rate rise.

Miners a beacon of hope on stormy day

That took some of the sheen off the ASX, and while it staged a half-hearted rally at the end of the session it was just in the red, off 0.3% The news was generally better with Mining and Metals up 1.8%,...

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