Welcome to your five-minute recap of the trading day and how the experts saw it. The numbers: The Australian sharemarket closed higher after the Reserve Bank lifted interest rates by 50 basis points as expected on Tuesday afternoon. Woodside was among the big risers, jumping by 3.8 per cent. Investors will have their eyes locked on the RBA decision on Tuesday afternoon. Credit:Louie DouvisTech stocks also rose by 1.9 per cent, while other sectors were relatively unmoved, aside from real estate stocks which fell by 1.3 per cent.