Archive · 5 Sep 2025
Australian Shares Rise, Snap Winning Streak on Wall Street Rally
Australian stocks went up on Friday, following the positive trend in the United States.
Investors were encouraged by the possibility of lower interest rates in the U.S. Financial companies did well, while consumer and real estate stocks also increased, although they ended their winning streak.
Even though the market went up on Friday, it had its first drop after four weeks of increases.
Investors are now looking forward to jobs data from the U.S.
Australian shares rose on Friday, mirroring Wall Street gains.
The S&P/ASX 200 index closed 0.5% higher on the day.
The benchmark index posted a 1.1% weekly decline.
Financials extended gains, led by the 'Big Four' banks.
Energy firms ended lower due to falling oil prices.
- Who
- Australian Shares
- What
- Rose on Friday, tracking Wall Street but ending a winning streak.
- When
- Friday
- Where
- Australia
- Why
- Fueled by U.S. market gains and expectations of a U.S. rate cut.
- ASX 200 Close
- 8,871.2
- Weekly ASX 200 Change
- -1.1%
- Financials Sector Change
- +0.5%
- Gold Stocks Weekly Change
- +5 weeks