1 October we become SureStone CapitalSame team, same ABN. Our website and email addresses move to surestone.com.au.
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Global tailwinds failed to lift local sentiment early this morning as investors locked in profits following yesterday's two-month market high. However, the S&P/ASX200 managed a late-day recovery, clawing its way back to finish the session up a slight 0.04% at 8,917.70 points.
The RBA stole the spotlight, handing down its decision to hold interest rates steady at 4.35% following its three prior consecutive hikes.
On the equity front; Karoon Energy tumbled nearly 12.1% after downgrading its 2026 production guidance, following a setback at its Who Dat oil project in the Gulf of Mexico.
Retailers followed suit as Wesfarmers dipped 1.2%, while JB-Hi-Fi fell 0.3%.
Flipping the script, Southern Cross Electrical Engineering surged 19.9% after raising $150 million institutional placement at $4 a share.
Elsewhere, Qube shares climbed 0.4% as shareholders voted in favour of a proposed takeover by Rubik Australia.
Tonight, markets monitor an array of key US data set to be released ahead of the FOMC's decision on Thursday.
