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ASX:WOW 17 January 2026 - 24 May 2026

Australia Stock Market Today: ASX 200 Stalls Near 9,000 as NAB Slides, Oil Shock Keeps Traders on Edge. (Indo Premier)

ASX on Watch as Inflation Test Looms After Volatile Week

ASX traders are watching Wednesday’s April inflation release, with last week’s bounce in banks and retailers now in play. The cash market is shut for the weekend, with regular ASX trading wrapping up on business days at 4:00 p.m. Sydney. The 2026 ASX calendar puts the next full day off for the cash market at King’s Birthday, June 8.
Australia stock market today: ASX 200 near record, banks lead week; Rio, GYG slide

Australia stock market today: ASX 200 near record, banks lead week; Rio, GYG slide

Australian stocks edged down on Friday, with the S&P/ASX 200 dropping 4.8 points to 9,081.4. Still, the index wrapped the week up 1.8%—hovering right below Thursday’s record high of 9,118.3. Banks gained 0.7% while miners slipped 0.7%, dragged lower as Rio Tinto tumbled 3.1%. “All the major banks have now reported, and most delivered results ahead of consensus,” said Philip Pepe, senior equities analyst at Shaw and Partners, countering the “ex-growth” label critics have pinned on the sector, a term suggesting it’s out of earnings momentum.
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