The Economic Times

S&P/ASX 200 closes at four-month low amid Iran conflict and RBA rate uncertainty; check top gainers and losers

The S&P/ASX 200 closed at a four-month low on Friday, dropping 0.82% as miners led the decline amid elevated oil prices due to the Middle East conflict. This heightened inflation and rate-tightening concerns, with the index falling 8.4% since late February. Investor sentiment remained fragile as the conflict impacted energy facilities and global markets.