Australian Stocks End Slightly Higher
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Australian stocks ended slightly higher, with the S&P/ASX 200 closing at 8,585. Energy and banks declined, offsetting gains in commodity stocks. Oil prices fell, impacting energy stocks like Woodside Energy and Santos. Financials also dropped, while gold miners rose due to higher bullion prices. Heavyweight miners BHP Group and Rio Tinto finished in the green. Traders are considering a rate hike next year after the RBA's hawkish tone.
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