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ABC News
ABC News
Business
business reporter Samuel Yang and wires

ASX rises despite Wall St's Friday fall, traders eye tomorrow's RBA interest rate decision

Australian shares edged up in choppy trade, with a rise in energy and gold stocks offsetting losses from the banking and tech indexes, while investors awaited a central bank rate decision to combat pressures from soaring inflation.

Global stocks generally ended last week lower, as investor sentiment remained subdued on fears of aggressive rate hike bets, coupled with fears over further disruptions to European gas supply from Russia.

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