ASX 200 Closes 0.4% Higher
2026-07-15 06:40
By
Farida Husna
1 min. read
The ASX 200 advanced 33 points, or 0.4%, to end at 8,841 on Wednesday, its strongest finish in a week after two muted sessions.
Sentiment improved as softer-than-expected U.S.
inflation data eased pressure for imminent rate hikes.
Meanwhile, China’s weakest annual GDP growth since 2022 in Q2 raised expectations of fresh stimulus in Australia's main trading partner, as officials cautioned that external risks remain high and demand lags supply.
However, gains were capped by vigilance ahead of domestic labor market data next week.
Electronic tech, commercial services, and producer manufacturing drove the gains, offset by declines in logistics, healthcare, and consumer non-durables.
Heavyweights stood out: BHP rallied 3.4% ahead of Thursday’s production update, Rio Tinto rose 1.2% after topping iron ore sales forecasts, and Macquarie climbed 1.6% to a record high.
In contrast, energy stocks retreated, with Woodside Energy down 1%, Santos off 0.7%, and Whitehaven Coal slipping 0.3%.