ASX 200 ends lower after RBA rate rise; coal miners rally as ANZ tips further hikes
Interest rate sensitive stocks lead ASX. CBA the only bank to yet pass on the 25bp RBA hike; ANZ tips more rate rises to come; coal miners pace gains and Clough collapse 'a shock' to CEO.
Welcome to the Trading Day blog for Tuesday, December 6. The Australian sharemarket edged lower after the Reserve Bank moved to lift rates by a further 25 basis points to 3.1 per cent.
The S&P/ASX 200 index fell 0.5 per cent 7291.30 with most sectors lower.
The dollar was buying US67.28c at the close.
More Coverage
Join the conversation
To join the conversation, please log in. Don't have an account? Register
Join the conversation, you are commenting as Logout