ASX 200 Steadies After Recent Declines
2026-09-14 06:52
By
Farida Husna
1 min. read
The ASX 200 edged up to end at 8,750 on Monday, stabilising after four sessions of weakness.
Consumer non-durables, commercial services, and retail trade were mainly higher, but losses in healthcare, non-energy minerals, and manufacturing capped gains.
Bargain hunters entered after the Australian market hit near two-month lows, even as overall sentiment stayed cautious amid a drop in U.S.
stock futures as oil prices surged following fresh Houthi strikes on Saudi Arabia and Iranian attacks on Gulf shipping.
Traders also braced for the U.S.
Fed’s policy meeting later this week and August activity data in top trading partner China due Tuesday.
Northern Star Resources (2.5%), CSL Ltd. (2.7%), and Aristocrat Leisure (0.9%) advanced.
Three of four big banks also rose.
In contrast, heavyweight BHP (-0.5%) and Rio Tinto (-0.1%) eased with softer iron ore and copper prices.
Mineral Resources (-4.4%), Evolution Mining (-3.2%), and Lynas Rare Earths (-2.8%) were also among notable laggards.