Australian Markets Rally on Gold, Metals Amid Iran Crisis
The S&P/ASX 200 advances 0.2% to 8,713.10, supported by rebounding mining stocks and gold, while the G7 mobilizes against soaring oil prices driven by Iran tensions.
| Countries | Australie, Nouvelle-Zélande, Iran, France, États-Unis |
|---|---|
| Companies | Rio Tinto, Woodside Energy, BHP Group, Lynas Rare Earths, Northern Star Resources |
| Sector | Pétrole, Métaux critiques, Terres rares |
| Theme | Marchés & Finance, Analyse sectorielle |
The S&P/ASX 200 advanced 0.2% to 8,713.10 on Wednesday, after closing up 1.1% on Monday. Australia's benchmark index continues its recovery following a wave of selling triggered by inflation concerns tied to energy cost volatility. The Middle East conflict has erased much of the gains recorded since the start of the year, leaving the index nearly flat over the period.
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