Bearish
ASX 200 closes lower as mining and banking sectors lead losses
The S&P/ASX 200 declined by 1.03% on October 9, 2026, closing at 8,660.9 points. The downturn was primarily driven by significant losses in the mining and banking sectors. The materials sector fell by 2%, and financials dropped by 1%, contributing to the overall market decline.
Key points
- Materials sector declines by 2%, led by losses in major mining companies.
- Financials sector drops by 1%, with major banks experiencing significant losses.
- Healthcare sector shows resilience, with a 1.1% rally despite broader market downturn.
- Property sector gains 0.5%, offsetting some losses in other sectors.
Sources
AI-generated from public news sources. Not financial advice.
