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The Economic Times News

Markets / The Economic Times

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Australian shares end flat as miners counter energy, consumer losses

Australian shares ended Monday flat. Iron ore miners saw gains, while consumer discretionary and energy stocks declined. Trading volumes were notably low. Asian markets, however, experienced a significant surge, reaching record highs driven by artificial intelligence optimism. Australian equities did not mirror this trend. Miners climbed, while energy stocks reversed earlier gains. Interest rate-sensitive sectors faced pressure.

5 Jan 2026 12:36 pm