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AAP
AAP
Business
Derek Rose

ASX finishes flat as experts say RBA will hike again

Gains for the mining sector helped buoy the ASX after China unveiled fresh fiscal stimulus measures (Steven Saphore/AAP PHOTOS)

The Australian share market has given up its modest gains and closed basically flat after a hotter-than-expected third-quarter inflation readout increased the odds of another rate hike next month.

The benchmark S&P/ASX200 index on Wednesday finished down 2.6 points, or 0.04 per cent, to 6,854.3, while the broader All Ordinaries rose 0.7 points to 7,046.3.

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