The ASX 200 closed slightly firmer at 8,978 on Friday, clawing back losses from the prior session as strength in tech, non-energy minerals, and utilities offset broader caution. Sentiment was lifted by a rally in U.S. stock futures after Amazon’s upbeat earnings and a rebound in chip stocks on Wall Street Thursday. Gains, however, were capped by weaker factory activity in China, with July’s official PMI underscoring slowing demand from Australia’s key trading partner. Miners gained on higher copper prices, lifting Rio Tinto (1.0%) and South32 (0.8%), while gold producers Evolution Mining (1.8%) also advanced. However, the big four banks fell between 0.1% and 0.4%. Still, Australian equities booked their first weekly gain in a month, up 2.3%, and a fourth straight monthly rise, supported by robust private credit growth in June. Inflation worries also eased after softer June and Q2 readings, reinforcing views that the central bank’s three rate hikes this year are beginning to bite.
Australia's main stock market index, the ASX200, rose to 8977 points on July 31, 2026, gaining 0.10% from the previous session. Over the past month, the index has climbed 2.91% and is up 3.63% 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 August 2 of 2026.
Australia's main stock market index, the ASX200, rose to 8977 points on July 31, 2026, gaining 0.10% from the previous session. Over the past month, the index has climbed 2.91% and is up 3.63% 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 8856.51 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 8276.61 in 12 months time.