The S&P/ASX 200 rose 0.5% to close at 8,871 on Friday, extending gains from the previous session, supported by a rally in Wall Street overnight. This move came after fresh labor data reinforced bets of a September Fed rate cut, while latest PMI data lifted sentiment. Traders now await today’s US jobs report for clues on a possible rate cut before the Fed’s September 17 meeting. Meanwhile, the ASX dropped 1.1% over the week, its sharpest weekly decline since late March, partly due to mixed economic signals and reduced expectations of an imminent RBA rate cut. Still, the financial sector outperformed, led by top lenders NAB (0.8%), Westpac (0.5%), and ANZ (0.3%), as higher rates bolster net interest margins and profitability. Gold stocks also climbed 2.1% to a record-high, with Newmont and Northern Star adding 0.4% and 0.7%, respectively. On the flip side, heavyweight miners declined amid softer commodity prices, such as BHP (-1.2%) and Lynas Rare Earths (-2.3%).
Australia's main stock market index, the ASX200, fell to 8808 points on September 5, 2025, losing 0.22% from the previous session. Over the past month, the index has declined 0.41%, though it remains 9.91% higher than a year ago, 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 9054.50 in August of 2025. Australia Stock Market Index - data, forecasts, historical chart - was last updated on September 5 of 2025.
Australia's main stock market index, the ASX200, fell to 8808 points on September 5, 2025, losing 0.22% from the previous session. Over the past month, the index has declined 0.41%, though it remains 9.91% higher than a year ago, 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 8910.29 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 8724.55 in 12 months time.