3 December 2025, 04:31  Australia: Shares Rise Despite Softer GDP Data.

The S&P/ASX 200 rose 0.4% to around 8,610 on Wednesday, building on the previous session’s gains as investors assessed third-quarter GDP data. The figures showed the economy expanding less than expected as households saved more of their income, raising doubts about the strength of the recovery. Growth slowed to 0.4% in the quarter and 2.1% annually, both slightly below forecasts. The softer outcome tempered expectations for further RBA tightening ahead of next week’s policy meeting, where rates are widely expected to remain on hold after three cuts this year. Rate-sensitive sectors led the charge, with financials and real estate stocks, climbing 0.7% and 1.1%, respectively. The “Big Four” banks rose between 0.5% and 1.5%, while the country’s top property developer Goodman Group advanced 0.6%. Among individual stocks, Predictive Discovery surged 16.8% to a decade-high after the gold explorer received an improved takeover offer from Perseus Mining.

© 1999-2026 Forex EuroClub
All rights reserved