The S&P/ASX 200 dropped nearly 2% to close at 8,901 on Wednesday, marking a three-week low, as worries about the inflationary fallout from the Middle East conflict overshadowed stronger-than-expected domestic GDP data. The economy grew 0.8% in Q4 2025, with annual growth accelerating to 2.6%, the fastest pace in almost three years and above forecasts. Still, escalating tensions tied to the Iran conflict unsettled global markets and dampened risk appetite. While the solid growth print underscored economic resilience, it also reinforced expectations that interest rates could stay higher for longer. Gold stocks led the retreat, tumbling 3.9% and dragging the broader mining sector down 3%. Airline shares remained under pressure, with Virgin Australia falling 2.9% to a one-month low and rival Qantas down 2.7%. Heavyweight financials also extended declines, while energy stocks cooled after three straight sessions of gains.
Australia's main stock market index, the ASX200, fell to 8901 points on March 4, 2026, losing 1.94% from the previous session. Over the past month, the index has climbed 0.13% and is up 9.34% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Australia. Historically, the Australia Stock Market Index reached an all time high of 9202.90 in February of 2026. Australia Stock Market Index - data, forecasts, historical chart - was last updated on March 4 of 2026.
Australia's main stock market index, the ASX200, fell to 8901 points on March 4, 2026, losing 1.94% from the previous session. Over the past month, the index has climbed 0.13% and is up 9.34% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Australia. The Australia Stock Market Index is expected to trade at 9085.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 8409.66 in 12 months time.