ASX 200 Marks Fresh Closing High
2026-08-06 06:48
By
Farida Husna
1 min. read
The ASX 200 advanced 44 points, or 0.5%, to finish at a new peak of 9,272 on Thursday, extending its winning streak to four sessions.
Momentum was underpinned by a surprise June trade surplus in Australia, driven by a rebound in exports, alongside fresh inflows at the start of the financial year and confirmed gains in building permits.
U.S.
stock futures also firmed on optimism that a U.S.-Iran peace deal could end the five-month conflict and reopen the Strait of Hormuz.
Glencore added to the corporate headlines, unveiling plans for a secondary Australian listing in October.
However, traders kept a cautious eye on July trade data in top trading partner China, due Friday.
Sector strength was broad, led by non-energy minerals, consumer services, and consumer names.
Evolution Mining rose 3.8%, Northern Star Resources 3.3%, and ASX Ltd. 2.1%, while three of the big four banks rose between 0.3% and 0.9%.
Offsetting moves included Woodside Energy (- 0.2%) and Wisetech Global (-1.5%).