Swingfolio Daily
ASX briefings — Tuesday 1 September 2026
Morning setup and afternoon close recap for Tuesday 1 September 2026. Observations only — no trade advice.
Tuesday 1 September 2026
ASX 200 set to open 23 points lower as US strikes on Iran lift WTI 3.38% and five heavyweights go ex-dividend
The S&P/ASX 200 is indicated 23 points or 0.25% lower at about 9,053 after US forces struck two Iranian rocket launchers inside the Strait of Hormuz, lifting WTI 3.38% to US$86.22 and Brent 2.95% to US$90.70. Wall Street closed lower, the Dow off 0.70% to 53,185.90 and the Nasdaq 0.12% to 26,370.89. Gold spot held at US$4,449.61 as the US 10-year yield rose 4 basis points to 4.76%. FMG.AU, WES.AU, WOW.AU, BEN.AU and EDV.AU all trade ex-dividend today, so part of the indicated fall is a mechanical reset rather than selling.
ASX 200 closes flat at 9,066.7 as coal and oil offset a 15-year high in bond yields
The S&P/ASX 200 finished at 9,066.7 on 1 September 2026, down 9.3 points or 0.10%, after recovering 40 points from a 2:28pm low of 9,026.0. Energy rose 1.18% and materials 0.85% on coking coal at US$282 a tonne and Brent above US$89, offsetting a 1.81% fall in consumer discretionary as the Australian 10-year yield reached 5.15%, a 15-year high. Wesfarmers traded ex a $1.20 dividend and Woolworths ex 52 cents, accounting for about half the index decline. Pinnacle Investment Management fell 10.14%.