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ASX ends higher despite RBA’s warning
['Cameron Micallef', 'Tue August At Am Gmt', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Despite the market overall ending higher, only five sectors finished up, while 6 traded in red.
Energy stocks led the gains on Tuesday, as it surged 3.91 per cent, due to rising oil prices.
Woodside shares rallied 3.84 per cent to $33.01, Santos launched 5.36 per cent to $8.06 and Ampol closed 3.38 per cent higher to $39.80.
Gold prices rallied on Tuesday with fears of the US- Iran war.
Mortgage insurer Helia shares surged 10.16 per cent to $5.64 even though the business announced statutory net profits after tax fell 25 per cent to $100m.