ASX 200 falls 0.68% as miners, energy and banks weigh while healthcare rallies: 25 June 2026 close
ASX 200 close: 8,748.7 (-0.68%) Breadth: 103 advancers / 127 decliners Sentiment: mixed
The S&P/ASX 200 closed at 8,748.7 on 25 June 2026, down 0.68%, as 2%-plus falls across miners, energy and the big-four banks outweighed a 2.56% jump in healthcare. Judo Capital (JDO.AU) fell 40.39% to 0.915 after cutting FY26 profit guidance on three soured loans, the index's standout single name. Australia's jobless rate dropped to 4.4% in May from 4.5%, but firm jobs alongside Wednesday's hot core inflation kept the RBA's rate-hike risk intact and gave the banks no support.
What drove the move
- Financials -1.22%: National Australia Bank (NAB.AU) led the majors down 3.35%, with ANZ (ANZ.AU) -2.19%, Westpac (WBC.AU) -2.01% and Commonwealth Bank (CBA.AU) -1.27%. At roughly a third of the index, the sector took about 40 bps off the close.
- Materials -2.28%: Rio Tinto (RIO.AU) fell 2.26%, BHP (BHP.AU) 1.65% and Fortescue (FMG.AU) 1.61%. Gold holding the US$4,000 line dragged gold juniors lower (Predictive Discovery PDI.AU -13.25%), and lithium names dropped (Elevra Lithium ELV.AU -8.77%, Liontown LTR.AU -7.37%). Worth about 41 bps.
- Energy -2.48%: Woodside (WDS.AU) fell 2.87% and Santos (STO.AU) 2.76% as Brent slid 1.12% to US$73.04. Worley (WOR.AU) dropped 9.70% after lifting its FY26 earnings warning. Worth about 11 bps.
Together, banks, miners and energy stripped roughly 90 bps from the index, cushioned by about 40 bps from healthcare (+2.56%) and consumer discretionary (+2.11%). The residual shows in breadth: 127 decliners against 103 advancers.
Session highlights
- JDO.AU -40.39%: Judo Capital cut FY26 profit-before-tax guidance to $163m to $169m, from $180m to $190m, after three loans soured and provisioning rose.
- CSL.AU +2.31%, RMD.AU +4.55%, RHC.AU +3.66% and SHL.AU +3.63% drove a 2.56% healthcare rally, the day's best sector, as a defensive bid built while cyclicals fell.
- WOR.AU -9.70%: Worley raised its FY26 underlying EBITA hit to as much as $60m, from $30m to $40m, on Middle East project delays.
- VGN.AU +7.80% and QAN.AU +4.08%: airlines rose as Brent fell 1.12%, cutting fuel costs even as the same move hit energy producers.
- EIQ.AU +30.24%: EchoIQ jumped after Pro Medicus (PME.AU) took a stake and agreed to distribute its cardiology technology in the US.
Sector scorecard
- Best: Health Care (+2.56%)
- Worst: Energy (-2.48%)
- Dispersion (best minus worst): 5.04 pts
- Resources index -2.56%, with gold and lithium juniors down 7% to 13% while bullion held near US$4,000.
Top movers
| Ticker | Move | Reason |
|---|---|---|
| EIQ.AU | +30.24% | Pro Medicus takes stake, agrees US cardiology distribution |
| LLC.AU | +8.93% | Sold 25.1% Keyton stake to Aware Super for $525m, cutting debt |
| VGN.AU | +7.80% | Airlines higher as oil fell, lower fuel cost |
| TPW.AU | +5.59% | Consumer discretionary bid, no company announcement |
| JHX.AU | +5.23% | Building products higher, no company announcement |
| JDO.AU | -40.39% | FY26 profit downgrade, three loans soured, provisions up |
| PDI.AU | -13.25% | Gold explorer lower as bullion held US$4,000 |
| MI6.AU | -12.17% | Micro-cap, no announcement found |
| TVN.AU | -10.34% | Critical-minerals explorer, resources selloff |
| WOR.AU | -9.70% | FY26 EBITA warning lifted to $60m on Middle East delays |
Notable announcements
- a2 Milk (A2M.AU) +3.65%: approved a NZ$300m special dividend worth 33.9 Australian cents per share after China regulatory clearances.
- Lendlease (LLC.AU) +8.93%: sold its remaining 25.1% Keyton Retirement Living stake to Aware Super for $525m to cut group debt.
- Judo Capital (JDO.AU): kept its FY27 target of around 30% profit growth despite the FY26 reset.
At the AU close (17:40 AEST)
| Asset | Level | Change | Context |
|---|---|---|---|
| S&P 500 futures | 7,485.25 | +0.77% | firmer through AU hours |
| Nasdaq 100 futures | 30,167.5 | +2.21% | Micron earnings beat lifted chip names |
| Nikkei 225 | 72,366.34 | +4.61% | closed sharply higher |
| Hang Seng | 23,039.7 | -1.59% | still trading at the AU close |
| Brent crude | US$73.04 | -1.12% | back toward pre-conflict levels |
| Gold | US$4,001.40/oz | -0.18% | hovering on the US$4,000 line |
| AUD/USD | US$0.69 | -0.09% | steady after the jobs print |
Next 24h catalysts (AEST)
- Fri 09:00: SPI open tracks tonight's overnight futures and the Micron-led chip move.
- Fri: US PCE inflation (Thursday US time) feeds into the AU open.
- Fri: gold miners in focus with bullion sitting on the US$4,000 line.
- Next week: Judo Capital (JDO.AU) follow-through after the guidance reset.
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