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ASX:YAL 4 February 2026 - 12 March 2026

Australia Stock Market Today: ASX 200 Drops 1.3% as $100 Oil Revives RBA Rate-Hike Fears

Australia Stock Market Today: ASX 200 Drops 1.3% as $100 Oil Revives RBA Rate-Hike Fears

Australian shares fell 1.3% Thursday, with the S&P/ASX 200 closing at 8,629.00 after oil surged above $100 a barrel following attacks on Middle East fuel tankers. Financials dropped 1.5% and miners 1.7%, while energy stocks rose sharply. Traders now see a 75% chance of another Reserve Bank rate hike next week. The index is down over 6% in March, on track for its worst month since September 2022.
Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australia’s S&P/ASX 200 closed up 0.8% at 8,927, lifted by miners and energy stocks as materials surged 3.6%. Technology shares plunged, with Xero down 15.9% and WiseTech Global off 10.7%. The Reserve Bank raised rates by 25 basis points to 3.85%, its first hike in two years. Neuren Pharmaceuticals entered a trading halt.

Stock Market Today

  • Firmus Valuation Nears $7 Billion Following Nvidia's Increased Investment
    April 6, 2026, 11:52 PM EDT. Artificial intelligence infrastructure start-up Firmus is nearing a $7 billion valuation after Nvidia, the world's largest chipmaker, doubled its stake in Firmus' final private funding round. The company is wrapping up the last phase of a $1 billion-plus pre-IPO capital raise, involving Nvidia and other strategic investors. This financing round precedes Firmus' debut presentation to IPO investors in Asia. The move highlights deepening interest from major tech players ahead of Firmus' planned public offering.
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