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ASX closes flat as miners and tech stocks advance

The Australian sharemarket has ended the day roughly where it began amid more uncertainty over a peace deal in the Middle East.

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smh.com.au

economictimes.indiatimes.com

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AI · summaries

smh.com.au1 mesi fa

ASX advances as mining, energy stocks jump; Bitcoin tumbles

HPE +19.5% and Marvell +32.5% on AI infrastructure demand surge; Bitcoin crashes 7% amid geopolitical pressure. Strong AI chip demand persists, but rising rates (10Y Treasury 4.45%) may curtail enterprise data center capex this quarter.

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economictimes.indiatimes.com1 mesi fa

Global Markets: Australian shares end flat as banking losses overshadow miners' gains

Australian shares closed nearly flat as bank losses offset resource gains, with U.S.-Iran tensions and sticky inflation weighing on sentiment. Investors remained cautious due to geopolitical uncertainty and potential…