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Australia's S&P/ASX 200 gains 0.49% as miners lead gains

The benchmark index advanced 0.49% with metals and mining shares driving gains. Gold futures rose 0.4% while oil benchmarks fell. AUD/USD held steady near 0.72.

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Priya Anand · Equities & Earnings Desk · 24 Aug 2026 · 06:57 · 1 min read
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Australia's S&P/ASX 200 gains 0.49% as miners lead gains

Australia's S&P/ASX 200 index closed 0.49% higher on Monday, led by gains in metals and mining shares, as 581 stocks advanced against 551 decliners and 385 unchanged issues.

The S&P/ASX 200 VIX, a measure of volatility, increased 1.23% to 10.64, reflecting modest market turbulence amid mixed sector performance.

Top performers included Paladin Energy Ltd, which surged 10.68% to 11.71, IperionX Limited, up 10.03% to 3.18, and Ansell Ltd, which rose 9.74% to 38.30 and reached a five-year high. On the downside, NIB Holdings fell 9.12% to 6.73, Chorus Ltd dropped 5.27% to 7.55—hitting a 52-week low—and Megaport Ltd declined 5.06% to 17.45.

Commodities showed divergent trends. December gold futures rose 0.40% to $4,699.31 per troy ounce, while October crude oil futures fell 1.86% to $85.44 per barrel. November Brent crude futures declined 1.62% to $91.17 per barrel.

In currency markets, the Australian dollar held steady against the U.S. dollar, with AUD/USD flat at 0.72. The AUD/JPY cross declined 0.11% to 113.89, while the U.S. Dollar Index futures fell 0.08% to 98.81.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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