Market Close 20 June 19: ASX 200 advances for a third day as RBA points to lower rates

The prospect of lower rates remained front of mind on Thursday following updates from the RBA and US Federal Reserve today, which in turn supported the lender with all of the big four banks ending higher. Energy stocks were the only group to end lower weighed down by Caltex (CTX) shares after the group issued an earning downgrade. Gold stocks were stand out improvers with Saint Barbara Limited (SBM) up by 10%.

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