S&P/ ASX 200 closes at 9,029.7 after early slide
Published on 11/09/2026 at 18:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSASX 200 recovers from early losses
- The S&P/ASX 200 closed at 9,029.7 on Monday, November 9, 2026, up 0.10 percent from Friday.
- Materials stocks led the rebound, while financials and real estate shares remained under pressure.
- ANZ fell despite reporting higher annual cash profit, adding to weakness among the major banks.
The S&P/ASX 200 recovered from an early decline below 9,000 points to close higher on Monday, November 9, 2026. The index ended at 9,029.7 points, gaining 8.9 points, or 0.10 percent, from Friday's close of 9,020.8. The session had already ended in Sydney before the configured evening reporting window in Berlin.
According to ShareTrader, the benchmark fell to an intraday low of 8,968.5 before recovering to an afternoon high of 9,055.7. The broader All Ordinaries rose 0.20 percent to 9,163.4.
Materials offset financials weakness
Materials was the strongest S&P/ASX 200 sector, rising 2.88 percent. BHP gained 2.74 percent and Rio Tinto added 1.55 percent, while gains in other mining and critical-minerals stocks helped lift the index after the early sell-off. Gold and copper prices also provided a supportive backdrop for parts of the resources complex, although the index's recovery was not broad based.
Financials fell 1.11 percent and real estate declined 1.27 percent, according to Samso. All four major banks finished lower. ANZ dropped 3.20 percent to 39.05 Australian dollars after releasing its fiscal 2026 results. Commonwealth Bank fell 0.92 percent, National Australia Bank declined 1.37 percent and Westpac lost 0.59 percent.
ANZ profit rise did not lift shares
ANZ reported statutory profit of 7,270 million Australian dollars for the year ended September 30, 2026, while cash profit, its preferred measure, reached 7,591 million Australian dollars. The bank said cash profit increased 31 percent year on year, or 10 percent excluding significant items from the prior year. ANZ also declared a final dividend of 0.83 Australian dollars per share.
Despite the stronger reported profit, the share-price decline contributed to the financial sector's drag on the index. The session's performance therefore reflected a rotation toward resources rather than a uniform improvement in risk appetite. Investors should distinguish the index's modest gain from the much larger moves within individual sectors and constituents.
Further coverage of the S&P/ASX 200 is available on the S&P/ASX 200 topic page.
