Australian shares edged higher on Wednesday, a cautious advance following inflation data. While headline inflation eased, core inflation ticked up, keeping the door open for potential interest rate hikes. Technology stocks saw a significant rebound, with bargain hunters stepping in. Financial and health sectors also provided support, though mining and gold stocks dipped due to commodity price weakness. Investors now await key employment figures.
Australian shares edged higher on Wednesday, as technology stocks led a significant rebound with bargain hunters stepping in. While headline inflation eased, core inflation ticked up, keeping the door open for potential interest rate hikes. Financial and health sectors also…
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