WiseTech Global Ltd stock price bounces from 52-week low after RBA rate hike; earnings next
WiseTech Global shares rose 1.7% to A$57.38, rebounding after hitting a 52-week low. The Reserve Bank of Australia lifted its cash rate by 25 basis points to 3.85%, its first increase in two years. Investors are watching for WiseTech’s half-year results and interim dividend announcement on Feb. 25.