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Live: ASX 200 rises, consumers hurting, business conditions resilient

Mining and health care gains offset energy and financial falls. Consumer confidence falls 1.5 per cent, but uptick in business conditions. Liontown dips after Gina Rinehart's share raid.

The Australian sharemarket is down as consumers feel the pain of a flurry of interest rate hikes. Picture: Jeremy Piper/NCA NewsWire
The Australian sharemarket is down as consumers feel the pain of a flurry of interest rate hikes. Picture: Jeremy Piper/NCA NewsWire

Welcome to the Trading Day blog for Tuesday, September 12. The ASX 200 index closed 0.2 per cent higher at 7206.90 points, recovering from earlier declines, as gains in mining and health care stocks offset falls across energy and financial sectors.

The lacklustre performance is in contrast to gains on Wall Street ahead of US inflation data.

The Australian dollar is hovering around US64.26c.

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Original URL: https://www.theaustralian.com.au/business/trading-day/live-asx-200-to-open-higher-after-gains-on-wall-street-ahead-of-us-inflation/live-coverage/5e4a4f7ceb84645655c589edf493d390