The Australian share market posted modest gains today, with banks and miners leading the charge as investors weighed RBA rate hike expectations and Middle East tensions. The ASX 200 climbed around 0.6%, recovering some of Monday's losses, though sectors like tech and healthcare lagged. Energy stocks showed volatility amid fluctuating oil prices, while gold miners gained modestly. Investors remain cautious, closely watching geopolitical developments and upcoming inflation data from the US.
Laura Besarati is a Market Analyst at CommSec. Each episode, she breaks down the day's market movements and explains what the numbers really mean.
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