15 August 2025, 05:25  Australia: Shares Near Record Highs.

The S&P/ASX 200 climbed to around 8,890 on Friday, extending gains from the previous session to remain near record highs, led mainly by strength in energy stocks. Within the sector, top performers included Ampol Limited (+7.8%) and Origin Energy (+1.8%). Index-heavy financials were also in positive territory, with Westpac Banking (+1.4%) rising in line with the broader banking index after a solid earnings report, while peers Commonwealth Bank, National Australia Bank, and ANZ Group advanced between 0.4% and 0.6%. Retailer Baby Bunting surged 26% to open at its highest level in two years, following upbeat earnings driven by strong soft-goods demand and improved pricing. Meanwhile, investor attention is turning to consumer inflation expectations, consumer confidence, and a series of PMI surveys, after recent jobs data earlier in the week signaled resilience in the economy. For the week, the benchmark index is on track to post its second consecutive gain.

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