S&P/ ASX 200 rebounds after Firmus collapse, up 0.6 percent
Published on 10/09/2026 at 21:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- The S&P/ASX 200 closed at 8,717 points on October 9, 2026, up 0.6 percent.
- Firmus Technologies withdrew its planned ASX listing, while technology shares led the rebound.
- Information technology rose 2.2 percent and nine of 11 sectors finished higher.
- RBA minutes are due October 13, followed by China's CPI and PPI on October 14.
The S&P/ASX 200 closed on October 9, 2026 at 8,717 points, up 0.6 percent, as technology shares rallied after Firmus Technologies withdrew its planned ASX listing. Samso reported a gain of 55.7 points to 8,716.6 at the close, recovering most of the previous session's 0.8 percent decline.
Firmus withdrawal lifts technology shares
Firmus withdrew its application on October 9 and said it would pursue private-market funding instead. Reuters said the planned USD 5 billion offering had been viewed as an important addition to Australia's listed market.
Technology shares rose 2.2 percent on October 9, while consumer discretionary stocks gained 2.2 percent. Nine of the 11 sectors finished higher, according to PerthNow.
Maas Group falls 6.7 percent
Maas Group, a Firmus shareholder and supplier, fell 6.7 percent to AUD 4.63 on October 9 after trading resumed following a halt. Samso said the company disclosed its Firmus shareholding and related work orders.
Telecommunications was the weakest sector, down 0.6 percent, while materials slipped 0.0 percent. Market breadth was positive, with 140 stocks rising, 12 unchanged and 48 declining on October 9, according to ABC News.
What comes next
The next S&P/ASX 200 session is Monday, October 12, 2026. The Reserve Bank of Australia's September meeting minutes are scheduled for October 13, followed by China's consumer and producer price data on October 14, according to LiteFinance.
