Australian Shares Close Flat
2026-01-05 00:44
By
Czyrill Jean Coloma
1 min. read
The S&P/ASX 200 traded flat to close at 8,729 on Monday, following a decline in the previous week, as energy stocks were in the spotlight amid rising geopolitical tensions.
The US capture of Venezuelan President Nicolás Maduro raised concerns over potential disruptions to global oil supplies.
Major energy stocks posted gains, with Woodside Energy climbing 1.2%, Santos up 0.5%, and Origin Energy adding 0.6%.
Elsewhere, mining stocks outperformed, with BHP Group and Fortescue both rising 1.2% after Civmec was awarded new contracts with the two companies.
Rio Tinto also advanced 1.3%, benefiting from the positive market sentiment.
Meanwhile, markets are bracing for a week of key economic data releases, including November inflation figures, building approvals, and trade data.