Australian Stock Market Today: ASX 200 Opens Muted, Closes Higher as Energy and Miners Lead Gains – 2 December 2025
The S&P/ASX 200 closed up 0.17% at around 8,579 points Tuesday, lifted by gains in energy and mining stocks despite continued weakness in technology shares. Energy names rose as oil prices held firm on OPEC+ supply moves and Ukraine-Russia tensions. Materials stocks also advanced, while Zip Co dropped 10–11% after U.S. officials contacted buy-now-pay-later firms.