Business · Markets · 1 hr ago
ASX 200 rises 0.76% as banks and miners lead gains
Australia’s S&P/ASX 200 share index rose 0.76% on Monday, extending its gains over two sessions to about 1.40%.
The index finished just below a one-month high.
Banks and mining companies led the rise, while technology and healthcare stocks also gained.
BHP rose about 2.5%, and major banks including Westpac, NAB and ANZ also advanced.
Copper prices moved close to their September record, while Australian bond yields eased from recent highs.
Smaller companies did not share as much in the gains: the Small Ordinaries index rose about 0.3%, while the Emerging Companies Index fell.
MAAS Group shares dropped again after the collapse of Firmus’ planned $44 billion sharemarket listing prompted broker downgrades, although MAAS said its Firmus-related work remained on track.
The ASX 200 rose 0.76% on Monday, with banks and miners leading the gains.
The index’s gain over two sessions reached about 1.40%, leaving it just short of a one-month high.
Financials rose 1.56% and materials gained 1.52%, while technology and healthcare also advanced.
Copper traded around US$6.78 a pound, near its September record, and Australian bond yields continued to ease.
The Small Ordinaries rose about 0.3%, while the Emerging Companies Index slipped.
- Who
- Australian sharemarket investors, with banks and miners among the main drivers.
- What
- The ASX 200 rose 0.76%.
- When
- Monday, 12 October 2026.
- Where
- The Australian Securities Exchange.
- Why
- Banks and miners led gains, while technology and healthcare also rose. Easing bond yields and stronger commodity markets provided support.
This story does not have two clearly opposing sides.
A car with a big battery and a data link, driving where the people are, could basically be a moving hotspot.
Commodities rallied, according to the article.
The ASX 200 finished 0.76% higher, with banks and miners leading the market.
- ASX 200
- Rose 0.76%
- Two-session gain
- About 1.40%
- Financials
- Rose 1.56%
- Materials
- Rose 1.52%
- Copper
- Around US$6.78 per pound
Sources
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