11 Best ASX Stocks To Buy Now

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The article discusses the 11 best ASX stocks to buy now. The Australian stock exchange (ASX) is one of the largest stock exchanges in the world, with a market capitalization of $1.5 trillion. The most valuable publicly traded company in Australia is BHP Group Limited, followed by Commonwealth Bank of Australia, CSL Limited, National Australia Bank Limited, and Westpac Banking Corporation. The article highlights the advanced nature of Australia's business sector, including the presence of a prosperous biotechnology sector. The ASX stocks are sensitive to macroeconomic indicators such as interest rates and inflation. The Australian economy has experienced high inflation and slow GDP growth, but has managed to avoid the weak picture seen in other developed countries. The Royal Bank of Australia is expected to hold interest rates at 4.35% due to higher inflation. The S&P/ASX 200 index has gained 11% over the past year, but investors remain cautious about China, Australian interest rates, and economic growth. The article provides a list of the top ASX stocks to buy, including Immutep Limited, Incannex Healthcare Inc., Benitec Biopharma Inc., Mesoblast Limited, Kazia Therapeutics Limited, and Opthea Limited.

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