ASX 200 hits record close after strong week — what to watch next in Australian stocks
Australia’s S&P/ASX 200 closed at 9,198.60 Friday, up 0.25% and marking its best February since 2019. Block Inc surged 27.8% after announcing job cuts, while Coles Group fell 7.4% on a profit drop. Consumer prices rose more than expected in January. Traders see an 82% chance the RBA holds rates in March, but a 70% chance of a hike in May.