The news: The Australian sharemarket finished slightly higher as a banking rally was offset by losses from gold, lithium, and iron ore miners.
The benchmark ASX 200 rose 0.04% to end at 8559.2, with four of the 11 sectors finishing in green.
Biggest movers:
Deals:
Executive and board moves:
Other news:
- Pinnacle Investment Management (-3.7%) – Managing director Ian Macoun sold $76.68 million worth of shares in the business which he intends to invest in Metrics Credit Partner funds.
What’s ahead:
- Overnight US Federal Reserve chair Jerome Powell will appear before the US Senate Committee on Banking, Housing, and Urban Affairs to testify on the Semiannual Monetary Policy Report at midnight.
- Thursday will see the Australian Bureau of Statistics will release job vacancy and detailed labour force data for May at 11:30am AEST.
