Australia’s sharemarket begins week on a high: S&P/ASX 200 closes up 0.48%; check top gainers and losers and which were the best-performing sectors
The Economic Times·2026-01-12 07:33

The sharemarket opened up on a positive note this week, tracking an upbeat Wall ‍Street session and buoyed by higher oil prices, with gains led by ⁠financials, consumer discretionary and energy stocks.The S&P/ASX 200 index rose 0.8% to 8,785.90 points by 2355 GMT. The benchmark ended unchanged on Friday and fell 0.1% ‌last week. Financials advanced 1.2% in Australia, according to news agency Reuters. The sector fell 2.5% last week on mounting worries that potential rate hikes could deter new mortgage buyer ...