S&P/ ASX 200 closes 0.5 percent higher as miners rally

Published on 10/27/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The S&P/ASX 200 ends at 8,850 points as materials gain 2.8 percent; Australian CPI is due Wednesday at 11:30 a.m. AEDT.

Materials lift the benchmark

The index finished October 27 at 8,850 points, up 40 points or 0.5 percent.
Materials rose 2.8 percent as copper and AI optimism supported miners.
Megaport led the gainers with a 9.2 percent advance.
RBA officials speak at 11:15 a.m. AEDT on October 28 before CPI at 11:30 a.m.

S&P/ASX 200, XC0006013624, Illustration mit AI erstellt.

The S&P/ASX 200 closed on October 27, 2026 at 8,850 points, up 40 points or 0.5 percent. Materials rose 2.8 percent ahead of Australian inflation data, ShareTrader reported.

Megaport led the index gainers, rising 9.2 percent. The company benefited from renewed enthusiasm for artificial intelligence infrastructure, while miners also gained as copper prices strengthened, CommBank said.

Why did the S&P/ASX 200 rise?

The benchmark recovered from an early decline of as much as 0.4 percent. BHP Group and Rio Tinto supported the advance as copper prices improved amid optimism about Anthropic's planned initial public offering, CommBank reported.

The materials sector was the strongest of the five advancing sectors. Financials fell 0.6 percent, while communication services declined 0.8 percent, limiting the broader gain, ShareTrader said.

Winners and losers in the S&P/ASX 200

Winners and losers at the Sydney close according to Investing.com:

Megaport up 9.2 percent: the strongest performer.
IperionX up 7.2 percent.
Paladin Energy up 6.7 percent.
Life360 down 4.2 percent.
AP Eagers down 3.9 percent.
ARB Corporation down 3.6 percent.

S&P/ASX 200 recovers from morning low

The index opened at 8,825 points and traded between 8,773 points and 8,859 points. Advancing stocks outnumbered declining stocks 572 to 465, with 361 unchanged, Barrons showed.

The S&P/ASX 200 reached a new one-month high. Its options volatility index fell 2.3 percent to 10.96, while the Australian dollar traded at 70.24 US cents, ShareTrader reported.

What comes next for the S&P/ASX 200?

October 28, 2026, 11:15 a.m. AEDT: RBA Governor Michele Bullock and senior officials appear before a Senate committee, Perpetual said.
October 28, 2026, 11:30 a.m. AEDT: September and third-quarter consumer price data are due, with trimmed-mean inflation forecast at 1.0 percent quarter over quarter, Perpetual reported.

S&P/ASX 200 price data for October 27, 2026

The index closed at 8,850 points on October 27, 2026, up 40 points or 0.5 percent versus the previous close of 8,810 points, Barrons showed. It opened at 8,825 points and reached a high of 8,859 points and a low of 8,773 points.

S&P/ASX 200 by the numbers on October 27, 2026

Index: S&P/ASX 200
Home exchange: Australian Securities Exchange, Australia
Close on October 27, 2026: 8,850 points
Change versus previous close of October 26, 2026: up 40 points (up 0.5 percent)
Previous close: 8,810 points
Open: 8,825 points
Day high / day low: 8,859 points / 8,773 points
Top gainer: Megaport up 9.2 percent
Top loser: Life360 down 4.2 percent
Next scheduled event: October 28, 2026, 11:15 a.m. AEDT: RBA Senate appearance