The S&P/ASX 200 Index continues its upward momentum, marking the third consecutive session of gains.
S&P/ASX 200 Index marks gains after RBA’s policy decision. RBA has maintained the policy rate at 4.35% during its March policy meeting. RBA Governor Bullock highlighted caution that the inflation fight is not yet won. The S&P/ASX 200 Index continues its upward momentum, marking the third consecutive session of gains. Trading higher around 7700, up approximately 0.27% on Tuesday. Meanwhile, the Reserve Bank of Australia has maintained the policy rate at 4.
On the other hand, companies with the lowest percentage returns include Reward Minerals Ltd, which plummeted by 40.0%, Oldfields Holdings Ltd down by 27.27%, and Resource Mining Corporation Ltd, which fell by 21.74%. The S&P/ASX200 VIX is notably lower today, decreasing by 4.35% to 10.85, reaching a new 50-day low. Conversely, the All Ordinaries Index is on the rise, gaining 32.60 points to reach 7,961.40.