Australian Equities Slip Further, Weekly Trend Still Negative

2026-09-25 00:41 By Farida Husna 1 min. read

Australian shares fell 47 points or 0.5% to 8,655 in Friday morning trade, extending losses as U.S.

futures weakened after Wall Street’s choppy session overnight, pressured by rising Treasury yields and volatile oil prices.

Local sentiment stayed cautious ahead of next week’s policy decision, with persistent inflation fueling expectations of another rate hike after three moves earlier this year.

August labor data painted a mixed picture: the jobless rate climbed to a near five-year high of 4.6%, but employment rose more than forecast.

Sectoral weakness was broad, led by tech, non-energy minerals, logistics, and industrials, with notable laggards including Xero Ltd. (-2.9%), Greatland Resources (-2.5%), REA Group (-2.2%), and Aristocrat Leisure (-2.1%).

In contrast, the four major banks edged higher, up between 0.2% and 0.4%.

For the week, the market is set for a fourth straight decline, down about 0.9% so far.

Markets now eye U.S.

President Trump–Xi Jinping summit for policy direction.



News Stream
Australian Equities Slip Further, Weekly Trend Still Negative
Australian shares fell 47 points or 0.5% to 8,655 in Friday morning trade, extending losses as U.S. futures weakened after Wall Street’s choppy session overnight, pressured by rising Treasury yields and volatile oil prices. Local sentiment stayed cautious ahead of next week’s policy decision, with persistent inflation fueling expectations of another rate hike after three moves earlier this year. August labor data painted a mixed picture: the jobless rate climbed to a near five-year high of 4.6%, but employment rose more than forecast. Sectoral weakness was broad, led by tech, non-energy minerals, logistics, and industrials, with notable laggards including Xero Ltd. (-2.9%), Greatland Resources (-2.5%), REA Group (-2.2%), and Aristocrat Leisure (-2.1%). In contrast, the four major banks edged higher, up between 0.2% and 0.4%. For the week, the market is set for a fourth straight decline, down about 0.9% so far. Markets now eye U.S. President Trump–Xi Jinping summit for policy direction.
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