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ASX 200 climbs 1.40% to 9,145.8 as financials close at an all-time high

Banks, healthcare and technology drove a 126.5 point gain, with 158 advancers against 36 decliners and utilities the only sector lower.

Bullish5 min readBy Swingfolio Research

At a glance

ASX 2009,146+1.40%
All Ords9,312+1.45%
AU VIX11.55+5.91%
VIX15.73-0.82%
Gold4,119+0.70%
Brent84.91+1.36%
AUD/USD0.7021+0.27%
ES_F7,645+0.22%
NQ_F29,104+0.73%

Top gainers

  • DRO.AUDroneShield+14.60%
  • 360.AULife360+11.38%
  • ACE.AUAcusensus+11.00%
  • EQR.AUEQ Resources+9.62%
  • PYC.AUPYC Therapeutics+9.62%

Top losers

  • FFM.AUFirefly Metals-8.87%
  • CCP.AUCredit Corp-6.98%
  • WEB.AUWeb Travel Group-3.70%
  • VEA.AUViva Energy-3.58%
  • TLC.AULottery Corporation-3.57%

ASX 200 climbs 1.40% to 9,145.8 as financials close at an all-time high

ASX 200 close: 9,145.8 (+1.40%) Breadth: 158 advancers / 36 decliners Sentiment: bullish

The S&P/ASX 200 closed at 9,145.8 on 4 August 2026, up 126.5 points or 1.40%, with the financials sector finishing at an all-time high and every sector except utilities gaining. DroneShield (DRO.AU) rose 14.60% to $2.08 and Electro Optic Systems (EOS.AU) 8.93%, neither on an announcement to the market. Brent crude fell close to 8% overnight to US$83.77 after President Trump called off a planned strike on Iran, and buyers returned to the banks and healthcare names that had lagged through that conflict.

What moved the index

  • Financials, +1.93%: about 66 bps of the 140 bps index move. Macquarie (MQG.AU) added 3.13% to $263.19, National Australia Bank (NAB.AU) 3.00%, ANZ (ANZ.AU) 2.36%, Westpac (WBC.AU) 1.70% and Commonwealth Bank (CBA.AU) 1.59%. The sector index closed at 10,127.0, an all-time high.
  • Health care, +2.36%: about 21 bps. CSL (CSL.AU) rose 3.64% to $128.83, lifting a sector that is still down 18% so far in 2026.
  • Materials, +1.08%: about 21 bps. Sandfire (SFR.AU) rose 3.92% with copper at US$6.612/lb (+1.09%), within roughly 1.5% of its 2 June record. Pilbara Minerals (PLS.AU) gained 4.90% and Lynas (LYC.AU) 6.55%. BHP (BHP.AU) fell 0.33% with iron ore near a 13-month low of US$93.90/t.
  • Information technology, +3.93%: about 14 bps. Megaport (MP1.AU) rose 5.74%, SiteMinder (SDR.AU) 5.06% and Pro Medicus (PME.AU) 4.94%, tracking the Nasdaq's 2.13% close and Palantir's second-quarter revenue of US$1.94bn against US$1.8bn consensus.

Together those four account for about 122 bps of the 140 bps index move. The residual 18 bps came from real estate (+1.39%), communication services (+1.63%) and industrials (+1.04%), less utilities at -0.42%, which is consistent with breadth of 158 advancers against 36 decliners.

Session highlights

  • 9,032.2 at the open was the session low; 9,145.8 at the close was the high. The index reached +1.21% by 11:45 AEST and held that level for the rest of the day.
  • 158 of the 202 names in the ASX 200 sweep advanced, 36 fell and 8 finished unchanged.
  • -0.42% for utilities was the only negative sector close, with consumer staples at +0.15% and consumer discretionary at +0.21% just above it.
  • ^AXVI, the AU volatility index, rose 5.91% to 11.55, which is a low absolute reading, on the day four companies opened August reporting season.
  • 5.12% was the fall in South Korea's Kospi on Monday; it recovered 1.62% to 6,358.95 during the Australian session.

Sector scorecard

  • Best: Information technology (+3.93%)
  • Worst: Utilities (-0.42%)
  • Dispersion (best minus worst): 4.35 pts
  • Materials held the widest internal spread: Lynas (LYC.AU) +6.55% and Pilbara Minerals (PLS.AU) +4.90% against BHP (BHP.AU) -0.33% and Firefly Metals (FFM.AU) -8.87%.

Top movers

TickerMoveReason
DRO.AU+14.60%Unannounced. EOS.AU rose 8.93% alongside it.
360.AU+11.38%Macquarie held overweight into the 11 August first-half result.
ACE.AU+11.00%Kentucky work-zone master agreement worth up to US$20m.
EQR.AU+9.62%Unannounced. Tungsten producer; Forrest took 16.8% in July.
PYC.AU+9.62%Unannounced, likely flow-driven.
FFM.AU-8.87%Moelis cut to Hold, target from $2.30 to $1.90.
CCP.AU-6.98%FY27 ledger buying guided to $200-280m against $309m consensus.
WEB.AU-3.70%Unannounced, likely flow-driven.
VEA.AU-3.58%Trump pressed refiners on pump prices; ALD.AU fell 2.93%.
TLC.AU-3.57%No company release; FY26 result due 19 August.

Notable announcements

  • Acusensus (ACE.AU) won a Kentucky master agreement worth up to US$20m, its third concurrent statewide US work-zone program, on an initial order near US$2.1m.
  • Maas Group (MGH.AU) took an $855m electrical order from Firmus and lifted FY26 underlying EBITDA guidance to $300-310m. The stock closed 8.06% higher.
  • Credit Corp (CCP.AU) reported FY26 net profit of $105.5m against $104.3m consensus, then guided FY27 ledger purchases to $200-280m against $309m consensus. Shares fell 6.98%.
  • Charter Hall Social Infrastructure REIT (CQE.AU) lifted operating earnings per unit 13.1% to 17.3c, below the 18.0c consensus, while statutory net profit of $90.5m beat $64.1m. Units closed 8.63% higher.
  • Qantas (QAN.AU) agreed to sell its 33.32% Jetstar Japan holding for about $74.4m, booking an estimated $115m gain outside underlying earnings, mostly in FY27. Shares eased 0.29%.

After the AU close (17:30 AEST)

AssetLevelChangeContext
S&P 500 futures7,645.25+0.22%Cash index closed 1.48% higher, within 0.1% of its record
Nasdaq 100 futures29,103.75+0.73%Follows a 2.13% Nasdaq session
Nikkei 22563,957.53+0.32%Closed
Hang Seng25,872.59-0.53%Still trading
Kospi6,358.95+1.62%Rebound from Monday's 5.12% fall
BrentUS$84.91+1.36%Steadied after Monday's near 8% slide
GoldUS$4,119.30/oz+0.70%Citi held its US$4,500 three-month target
CopperUS$6.612/lb+1.09%Within about 1.5% of the 2 June record
AUD/USD0.7021+0.27%Recovered Monday's 0.36% fall
US VIX15.73-0.82%Held below 16 through the Australian session

Next 24h catalysts (AEST)

  • Wed 10:00: ASX open. S&P 500 futures at 7,645.25 (+0.22%) and Nasdaq 100 futures at 29,103.75 (+0.73%) at the time of writing.
  • Wed: Argo Investments (ARG.AU) FY26 result, and Light & Wonder (LNW.AU) first half on US$219.6m consensus net profit.
  • Thu 00:00: US ISM services for July. The June reading was 54.0, and Monday's manufacturing print of 55.6 was a four-year high.
  • Thu: REA Group (REA.AU) FY26 on $633.9m consensus net profit, Beach Energy (BPT.AU) FY26 on $330.8m, AMP (AMP.AU) first half, News Corp (NWS.AU) FY26.
  • Fri: ResMed (RMD.AU) FY26 on US$1,600.2m consensus net profit.
  • Tue 11 Aug: Life360 (360.AU) first-half result.

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This briefing provides market observations and general information only. It is not personal financial advice and does not take into account your objectives, situation or needs. Past performance is not a reliable indicator of future performance. Consider seeking independent advice before acting on any information presented here.

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