The local bourse finished up 0.5 per cent, with gains for Woodside after it called off merger talks with Santos and Cettire soaring on strong earnings.
Perth-based BWP Trust has recorded a $53.2 million net profit to December 31 2023, which included $4.2 million in unrealised losses in fair value of investment properties.
The local share market closed down 1.0 per cent after the chairman of the US Federal Reserve reiterated that the central bank would move slowly on rate cuts.
With most Australians expected to win out from the government's amended tax cuts, the treasurer has warned other parties not to block the policy in parliament.
As borrowers wait to see what the central bank does next week, the federal opposition has castigated three Labor premiers for publicly hoping for a rate cut.
For a second time this month, the local share market came close to eclipsing its record high set back in mid-2021 but most of its gains faded in the afternoon.
Western Australian workers enjoy the third highest average weekly cash earnings in Australia, according to data released by Australian Bureau of Statistics on Wednesday.