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ASX:NIX 23 February 2026

ASX 200 today: Australia shares seen softer after tariff uncertainty jars banks, tech

ASX 200 today: Australia shares seen softer after tariff uncertainty jars banks, tech

ASX 200 futures traded around 8,988 early Tuesday, about 0.4% below Monday’s close after the index fell 0.61% on U.S. tariff uncertainty. Growth stocks and banks dropped, while resources and gold miners outperformed. The Australian dollar slipped 0.2% to 70.68 U.S. cents. Traders await January inflation data due Wednesday.

Stock Market Today

  • ASX Penny Stocks To Watch In April 2026
    April 5, 2026, 4:44 PM EDT. As the Australian market edges towards a 0.5% gain amid geopolitical optimism, ASX penny stocks offer potential growth at lower entry points. Notable mentions include West African Resources (WAF) at A$3.24, LaserBond (LBL) at A$0.54, and Kingsgate Consolidated (KCN) with a strong market cap of A$1.17 billion. Kingsgate leads with profitability, robust cash flow, and strategic gold market expertise, despite some recent insider selling. SKS Technologies (A$484 million market cap) shines with debt-free operations and solid revenue in audio-visual sectors. Investors scanning smaller caps are advised to vet financial health carefully, as shown by strong ratings for many in this list. These stocks-backed by solid fundamentals-offer promising options amidst cautious market advances.
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