Bullish
ASX 200 rises 0.60% to 9,092.30, led by tech and mining sectors.
The S&P/ASX 200 closed higher on August 28, 2026, gaining 54.10 points (0.60%) to 9,092.30. The rally was driven by strong performances in the technology and mining sectors, with the All Technology index surging 1.35% and materials stocks benefiting from rising gold and copper prices.
Key points
- Information Technology sector outperformed, with the All Technology index up 1.35%.
- Materials sector gained 0.98%, supported by higher gold and copper prices.
- Financials sector rose 0.75%, contributing to the overall market gain.
- Consumer Staples sector increased by 0.30%, with Coles and Woolworths reporting solid financial results.
Sources
- Australian dollar highest since May on RBA rate hike bets – as it happenedABC News · August 28, 2026
- Tech leads the ASX higher as AI infrastructure demand drives the sector's best day in weeksBellwire News · August 28, 2026
- ASX ends higher as Austal surges on Hanwha bid; Life360, SGH sinkCapital Brief · August 11, 2026
- ASX Market AnnouncementASX · April 2026
AI-generated from public news sources. Not financial advice.
