S&P/ ASX 200 closes 0.4 percent lower as miners retreat
Published on 10/22/2026 at 13:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEnergy and materials pressure
- The S&P/ASX 200 closed at 8,793 points on October 22, down 38 points or 0.4 percent.
- Energy fell 2.4 percent and materials declined 2.0 percent as miners weakened.
- NextDC led gainers up 6.4 percent, while Nick Scali fell 14.9 percent.
- Australian national accounts are due October 23 at 11:30 a.m. AEDT.
On October 22, 2026, the S&P/ASX 200 closed at 8,793 points, down 38 points or 0.4 percent. Energy and materials led the decline, falling 2.4 percent and 2.0 percent, respectively, Samso reports.
Nick Scali fell 15.3 percent after its first trading session following profit guidance. NextDC rebounded 6.4 percent after its sharp fall on Wednesday, Samso reports.
Why did the S&P/ASX 200 fall?
Mining shares weakened as copper prices fell to a five-week low. BHP dropped 2.4 percent to AUD 57.13, while Rio Tinto lost 1.5 percent. High bond yields also pressured gold stocks, the Riverine Herald reports.
Energy shares fell despite Brent crude trading above USD 111 a barrel. Financials rose 0.4 percent, helping limit the benchmark's decline.
Winners and losers in the S&P/ASX 200
The following closing figures come from Investing.com:
- NextDC up 6.4 percent: rebound after the previous day's guidance-driven selloff.
- Tuas up 6.3 percent.
- Megaport up 4.8 percent.
- Nick Scali down 14.9 percent: profit guidance weighed on the shares.
- Magellan Financial Group down 8.8 percent.
- Temple & Webster down 8.7 percent.
Declining stocks outnumbered advancing stocks by 585 to 435, with 359 unchanged, Investing.com reports.
S&P/ASX 200 course and market signals
The index opened at 8,799 points after closing at 8,831 points on Wednesday. The S&P/ASX 200 volatility index rose 4.7 percent to 11.15, while December copper futures stood at USD 6.478 a pound, Samso reports.
What comes next for the S&P/ASX 200
- October 23, 2026, 10:00 a.m. AEDT: The next ASX session begins, with normal trading hours running from 10:00 a.m. to 4:00 p.m., Fool Australia reports.
- October 23, 2026, 11:30 a.m. AEDT: Australian national accounts and supply-use tables are due, FNArena reports.
S&P/ASX 200 price data for October 22, 2026
The S&P/ASX 200 closed at 8,793 points on October 22, 2026, down 38 points or 0.4 percent from the previous close of 8,831 points, Samso reports. It opened at 8,799 points.
S&P/ASX 200 by the numbers on October 22, 2026
- Index: S&P/ASX 200
- Home exchange: ASX, Australia
- Close on October 22, 2026: 8,793 points
- Change versus previous close of October 21, 2026: down 38 points (down 0.4 percent)
- Previous close: 8,831 points
- Open: 8,799 points
- Top gainer: NextDC up 6.4 percent
- Top loser: Nick Scali down 14.9 percent
- Next scheduled event: October 23, 2026, 11:30 a.m. AEDT: Australian national accounts and supply-use tables
