Market Close 6 Mar 23: ASX 200 lifts for 3rd session

The Australian sharemarket rose for a 3rd day, with the ASX 200 up by 0.62%. While energy and mining stocks fell, most other sectors advanced ahead of tomorrow’s widely expected Reserve Bank rate hike. This would make it the central bank’s 10th straight lift and take the cash rate to an ~11-year high of 3.6%.

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