AU Evening Wrap: ASX Adds 0.2% as Softer Inflation Fuels RBA Rate Pause Bets

Australian shares erased early losses after data revealed that inflation slowed more than expected in February, supporting the case for the Reserve Bank of Australia to keep rates on hold at next week's policy meeting.

Bank stocks declined after UBS said recent events in the US and Europe have lowered the confidence threshold of investors to hold lenders in their portfolios.

Liontown added another 0.8 per cent to $2.59 on Wednesday as Citi analysts said the company was worth $3 a share – much higher than the $2.50 offered by Albemarle.

Pilbara's board approved a plan to increase the annual production capacity at the Pilgangoora project by 47 per cent to 1 million tonnes of spodumene concentrate. Pilbara also appointed former Afterpay chief financial officer Luke Bortoli as CFO.

Iron ore prices were slightly stronger amid signs of tighter supply and a steady destocking of steel product inventories ahead of rising seasonal demand into China's peak construction period, according to NAB.

1. Open moomoo app

2. Search for and tap on ".XJO"

3. Roll down to see "Constituent Stocks"

4. You can filter the list based on "%Chg"

How to find the above information in moomoo app:

1. Open moomoo app

2. Tap your finger on "Market" and "AU"

3. Roll down and tap on "Main Board"

4. You can filter the list based on "Turnover"