ASX 200 closes -0.49% as CSL crash drags Healthcare -6.47% — Monday 11 May 2026
ASX 200 close: 8,701.8 (-0.49%) Sector breadth: 3 sectors up / 7 down Sentiment: mixed
Session highlights
The S&P/ASX 200 closed at 8,701.8 on 11 May 2026, down 42.6 points or 0.49%, with a single-name story dominating the session: CSL.AX -15.96% to $100.75 after the interim CEO's 90-day review cut FY26 guidance and flagged a US$5bn non-cash impairment, including the 2022 CSL Vifor acquisition.
- CSL.AX -15.96% to $100.75 — the dominant single-name move; biggest one-day drop on record for the stock
- PDN.AX +5.76%, SLX.AX +5.31%, DYL.AX +4.62%, NXG.AX +2.52% — uranium sector rally on US$91/lb spot futures plus Macquarie's US$100/lb 2026 forecast and AI-power demand commentary
- Energy sector +1.09% — WDS.AX +1.53% led as Brent (Jun 26) +3.45% to US$104.78 during the AU session
- Financials sector -0.75% on day-two bank softness: CBA.AX -1.08%, WBC.AX -0.85%, NAB.AX -0.36%, ANZ.AX -0.17% (ex-div)
- Materials sector +0.37% with BHP.AX +0.66%, RIO.AX +0.60%, FMG.AX +0.71% green on iron ore strength
Sector scorecard
- Best: Energy sector +1.09%
- Worst: Healthcare sector -6.47%
- Dispersion (best minus worst): 7.56 percentage points
- 3 of 10 sectors closed green. Healthcare's -6.47% is single-stock contagion from CSL.AX -15.96% — only 2 large-cap names in the Healthcare sector closed positive (COH.AX +1.17%, PYC.AX +2.85%), neither sized to offset the CSL weighting.
Top movers
| Ticker | Move | Reason |
|---|---|---|
| 4DX.AX | +7.17% | 4DMEDICAL — healthcare name bucked sector -6.47%. Unannounced — likely flow-driven. |
| PDN.AX | +5.76% | Paladin Energy — uranium tape on US$91/lb futures + Macquarie US$100/lb forecast |
| SLX.AX | +5.31% | SILEX Systems — laser-enrichment name caught the uranium rally |
| LRV.AX | +4.87% | Larvotto Resources (gold/antimony). Unannounced — likely flow-driven. |
| DYL.AX | +4.62% | Deep Yellow — uranium developer paired with PDN.AX/SLX.AX rally |
| CSL.AX | -15.96% | FY26 guidance cut + US$5bn impairment (incl. CSL Vifor write-down); biggest one-day drop on record |
| WEB.AX | -5.45% | WEB Travel Group. Unannounced — likely flow-driven. |
| A4N.AX | -4.41% | Alpha HPA (high-purity alumina). Unannounced — likely flow-driven. |
| EOS.AX | -4.14% | Electro Optic Systems (defence). Unannounced — likely flow-driven. |
| GQG.AX | -3.68% | GQG Partners (fund manager). Unannounced — likely flow-driven. |
Notable announcements
- CSL.AX released FY26 guidance reset: revenue ~US$15.2bn, NPATA ~US$3.1bn (excluding restructuring + impairments); US$5bn non-cash impairment includes CSL Vifor segment (acquired for US$11.7bn in 2022)
- ANZ.AX traded ex-dividend on 83c interim (payable 1 July); mechanical drag absorbed to close at -0.17%
- NAB.AX post-result day two — closed -0.36% after Friday's -2.91% reaction to the H1 cash earnings A$3,558m + 85c interim div
At the AU close (16:15 AEST)
| Asset | Level | Change | Context |
|---|---|---|---|
| ES=F (S&P 500 futures) | 7,413.25 | -0.08% | Just above Friday's 7,398.93 cash close |
| FTSE 100 | 10,269.02 | +0.35% | London mid-session |
| STOXX 600 | 612.51 | +0.06% | European early session |
| Nikkei | 62,417.88 | -0.47% | Closed before AU close |
| KOSPI | 7,822.24 | +4.32% | Post-close — AI-memory readthrough from US Friday |
| Brent (Jun 26) | US$104.78 | +3.45% | Rose during AU session |
| Gold (Jun 26) | US$4,684.20/oz | -0.98% | Pulled back from Friday's record |
| AUDUSD.FOREX | 0.7240 | -0.13% | Reversed from morning's +0.27% |
Next 24h catalysts (AEST)
- Mon 22:00 — US cash open; watch follow-through on Friday's NASDAQ tape (IXIC.INDX +1.71% on AI-memory)
- Tue 09:00 — SPI open; tracks tonight's US session and KOSPI +4.32% Asia readthrough
- Tue 11:30 — Westpac consumer confidence (May), NAB business confidence (April)
- Tue 19:30 — Federal Budget 2026-27 (Treasurer Chalmers); $2bn housing supply package previewed
- Wed 11:30 — Wage Price Index Q1, lending indicators
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