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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.

Global and local economic updates to drive equity investor sentiment on Tuesday. Picture: Damian Shaw
Global and local economic updates to drive equity investor sentiment on Tuesday. Picture: Damian Shaw
The Australian Business Network

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.

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Original URL: https://www.theaustralian.com.au/business/trading-day/live-asx-200-to-fall-before-rba-call-wall-street-tanks/live-coverage/730416f1d29e918d6bcd7f36ef001f0a