Market Close 11 Aug 25: Record highs ahead of RBA decision

The Aussie market kicked off the week on a positive note, with the ASX200 touching another record high before settling about a third of a percent higher, supported by strength in miners and major banks. Lithium stocks surged after reports the world’s biggest EV battery maker may pause operations, while IDP Education jumped on broker upgrades and policy changes for foreign students. JB Hi-Fi slipped despite strong results amid a leadership change. Investors now look ahead to a busy week featuring the RBA’s expected third rate cut of the year, key local jobs and wages data, US inflation figures, and results from major names including CBA, Cochlear, IAG, and Telstra.

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