ASX VIDEO (2 October): Oil stocks rally on Middle East conflict and rate cut ahead
Market Update
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Oil stocks including Woodside (ASX:WDS) and Santos (ASX:STO) as the conflict in the Middle East escalates.
Meanwhile, HSBC is predicting a rate cut from the Reserve Bank of New Zealand next week due to declining economic activity.
Finally, Platinum Capital is delisting from the ASX, allowing shareholders to exchange their stocks for units in a different fund.