S&P/ ASX 200 closes 2.61% higher at 9,065.10
Published on 11/05/2026 at 18:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSASX 200 ends sharply higher
- The S&P/ASX 200 rose 2.61 percent to 9,065.10 on Thursday, November 5, 2026.
- Technology and mining shares led the advance, while energy stocks fell as oil prices declined.
- Investors responded to a strong Wall Street lead and expectations that the US midterm election result could improve the outlook for the Iran conflict.
The S&P/ASX 200 ended its Thursday, November 5, 2026, session at 9,065.10 points, up 230.60 points or 2.61 percent. The close followed a level of 8,834.45 on Wednesday, November 4, according to S&P Dow Jones Indices. The closing figures and daily change were reported by Reuters via Investing.com.
Wall Street and election relief support market
The move came after a strong lead from US equities. Investors interpreted the Democrats' victory in both chambers of Congress as potentially reducing political uncertainty and increasing the prospect of progress toward an end to the Iran conflict. Falling oil prices added to the relief in risk assets by easing concerns about inflation and further interest-rate pressure.
Yahoo Finance reported that eight of the index's 11 sectors finished higher. Technology gained 10.09 percent and major miners also advanced strongly. The energy sector was the clear exception, falling 4.76 percent as oil prices dropped sharply overnight.
Technology and miners lead gains
Among individual stocks, data-centre operator NextDC was a notable mover after Goodman Group and Digital Realty acquired a 10 percent stake at a premium. The company gained 50.84 percent, according to Yahoo Finance. Mining heavyweights also contributed to the index advance, with BHP, Rio Tinto and other copper and gold producers benefiting from the broader risk-on mood and strength in precious metals.
The rally was broad in market breadth terms: Reuters reported 878 rising stocks on the Sydney Stock Exchange against 226 decliners, with 303 unchanged. Financials were less supportive, as National Australia Bank fell after reporting weaker annual profit, while energy stocks were pressured by the oil-price decline.
Index context for investors
The S&P/ASX 200 is Australia's institutional investable benchmark. It tracks the 200 largest eligible companies listed on the Australian Securities Exchange by float-adjusted market capitalization. Thursday's advance therefore reflected a broad improvement in risk appetite, although the sharp sector divergence showed that lower oil prices benefited technology and mining exposures more than energy holdings.
Weitere Berichte zum Index finden Sie auf der S&P/ASX 200 Themenseite.
