Archive · 10 Nov 2025

Australian Shares Climb on Resource Strength, ANZ Recovers

Australian Shares Climb on Resource Strength, ANZ Recovers

Imagine the stock market is like a big store where people buy and sell pieces of companies.

On Monday, the store was doing better because the prices for things like metals and oil went up.

This made the companies that dig up or sell these things see their value increase.

One of the big banks, ANZ, had a bit of a tough year with lower profits, but people in the market still liked how it was doing and its stock price went up a little.

Also, a very important person from Australia's central bank said they need to keep making it a little harder for people to borrow money to keep prices from going up too fast.

Meanwhile, a different stock market in New Zealand went down.

Sources