ASX 200 Ends Subdued

2026-06-22 06:27 By Farida Husna 1 min. read

The ASX 50 closed little changed at 8,822 on Monday, as gains in logistics, industrial services, and financials offset losses in electronic tech, consumer stocks, and healthcare.

The muted tone followed two sessions of losses, with sentiment fragile even after reports said that U.S.

and Iranian officials had agreed on a roadmap to reach a final deal within 60 days.

Traders also awaited U.S.

inflation data later this week for signals on the Fed’s policy path, while local focus turned to May CPI and labor figures that could shape expectations for the Reserve Bank of Australia’s next move after it held rates steady last week.

SGH Ltd. jumped 3.3% after unveiling a buyback of up to AUD 500 million, while two of the big four banks rose between 0.3% and 0.6%.

On the downside, Wisetech Global tumbled 16.1% after police opened a probe into its founder over alleged visa misconduct and exploitation claims.

Other laggards included Xero (-3.5%), TPG Telecom (-3.2%), and Nextdc Ltd. (-2.8%).



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ASX 200 Ends Subdued
The ASX 50 closed little changed at 8,822 on Monday, as gains in logistics, industrial services, and financials offset losses in electronic tech, consumer stocks, and healthcare. The muted tone followed two sessions of losses, with sentiment fragile even after reports said that U.S. and Iranian officials had agreed on a roadmap to reach a final deal within 60 days. Traders also awaited U.S. inflation data later this week for signals on the Fed’s policy path, while local focus turned to May CPI and labor figures that could shape expectations for the Reserve Bank of Australia’s next move after it held rates steady last week. SGH Ltd. jumped 3.3% after unveiling a buyback of up to AUD 500 million, while two of the big four banks rose between 0.3% and 0.6%. On the downside, Wisetech Global tumbled 16.1% after police opened a probe into its founder over alleged visa misconduct and exploitation claims. Other laggards included Xero (-3.5%), TPG Telecom (-3.2%), and Nextdc Ltd. (-2.8%).
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