Market Close 25 Mar 26: Best day in six weeks for Aussie shares

The Australian share market delivered its best day in six weeks, surging 1.9% as cooler-than-expected inflation data eased rate hike expectations. Energy stocks fell sharply amid reports of potential US-Iran negotiations, while materials and mining stocks led the charge. BHP and Rio Tinto posted strong gains, with Rio benefiting from $2 billion in government subsidies. The gold sub-sector rebounded 8%, though still down 25% this month. All sectors finished higher except energy and investors now await Trump’s speech tomorrow morning for further geopolitical cues.Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day’s market movements and explain what the numbers really mean.The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.