25 September 2025, 11:58  Australia: Stocks Finish Higher.

The S&P/ASX 200 edged up 0.1% to finish at 8,773 on Thursday, recouping some losses in the previous session, supported by mining and energy stocks. Miners rallied as copper prices surged to a 15-month high after Freeport-McMoRan declared force majeure at its Grasberg mine in Indonesia. The mining index jumped 1.7% to its highest in nearly 21 months, with sector giants BHP and Rio Tinto up 3.6% each. Energy firms also added 1.9%, led by Woodside (2.5%) and Santos (2.1%), as oil prices rose on a surprise drop in US crude inventories. On the downside, gold miners dropped 1.7% as bullion retreated from record highs, with Northern Star down nearly 2%. Meanwhile, rate-sensitive financials were mixed, with CBA down 0.4% and Westpac up 1.3%. Risk sentiment remained cautious after recent data showed a hotter-than-expected consumer prices in August, leading markets to scale back bets on near-term RBA easing. Swaps now indicate only a 6.5% chance of a rate cut next week and 38.2% in November.

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