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The Australian Securities Exchange (ASX) experienced a broad decline on Tuesday, with the energy sector being the only one to close higher. Local shares fell by almost half a percent as gains in energy were offset by losses across other sectors. The Reserve Bank of Australia's (RBA) September minutes, released on the same day, revealed that board members decided to hold rates steady at the September meeting due to significant increases in interest rates over a short period.
Energy stocks rallie...
>>> Read more: Energy sector shines as Australian market dips amid rate concerns
Energy stocks rallie...
>>> Read more: Energy sector shines as Australian market dips amid rate concerns