Westpac share price in focus after Friday’s bank-led ASX lift — what to watch next
Sydney, Jan 18, 2026, 17:31 AEDT — Market closed. Shares in Westpac Banking Corp (WBC.AX) climbed 1.8% to A$39.19 on Friday, pushing the big banks higher as the S&P/ASX 200 finished up 0.48% at 8,903.9. Financials rose 0.99%, helping the benchmark close out the week with a 2.1% gain, just shy of October’s record range near 9,110-9,120, according to MarketIndex data. (Market Index) That’s crucial heading into Monday’s open, given that banks remain the market’s steering wheel. When they shift, the index typically follows suit. Rates are caught squarely in the middle. Banks profit from the spread between loan interest