ASX Today, 22 November 2025: Australian Stock Market Sinks to Multi‑Month Low as Mayne Pharma Block and DroneShield Rout Rattle Investors
The S&P/ASX 200 plunged 136 points, or 1.6%, on Friday, wiping out about A$40 billion in market value and closing at its lowest since June. The index fell 2.5% for the week and is down 5% in November, with banks, miners, energy, and tech stocks under pressure. Materials dropped 4% for the week, led by BHP, Rio Tinto, and Fortescue. The Australian dollar held steady near US$0.64–0.65.
