Australia Stock Market Today: ASX 200 Slips on Christmas Eve as Banks Weigh and Record Copper Prices Lift Miners (24 December 2025)
The S&P/ASX 200 closed down 0.4% at 8,763 in a shortened Christmas Eve session, with all sectors lower except mining, which edged up 0.1%. Financials dragged, as major banks slipped amid concerns over high valuations. Copper prices hit a record above US$12,000 a tonne, lifting miners like Rio Tinto to all-time highs. Trading ended early ahead of a multi-day holiday break.