Australian Shares on 3-Session Decline
2025-12-30 00:50
By
Czyrill Jean Coloma
1 min. read
The S&P/ASX 200 edged down 0.1% to close at 8,717 on its final full trading day on Tuesday, marking its third consecutive session of losses, primarily dragged down by declines in gold stocks.
Northern Star Resources fell nearly 2%, while Evolution Mining slid 3.4% as bullion prices pulled back from record highs amid profit-taking in holiday-thin trading.
Other notable decliners included BHP Group (-0.8%), Newmont Corporation (-4.1%), CSL Limited (-0.7%) and Goodman Group (-1.2%).
Losses were partly offset by gains in heavyweight banks, with Commonwealth Bank of Australia rising 0.5%, Westpac Banking Corporation up 0.2%, National Australia Bank adding 0.4% and ANZ Group Holdings edging higher by 0.1%.
Meanwhile, investor attention turns to the Federal Reserve’s minutes from its December meeting.
In Australia, the Reserve Bank held interest rates steady in December and signaled that its next move could be a rate hike.