ASX 200 ends week +0.68% at 9,082.2 as gold falls 4.70% and US yields hit 5.15%
ASX 200 week close: 9,082.2 (+0.68%) S&P 500 Friday close: 7,561.67 (-0.40%) Sentiment: mixed
The week on the ASX
The S&P/ASX 200 closed at 9,082.2 on 13 November 2026, up 61.4 points or 0.68% from 9,020.8 on 6 November, as gains on Monday to Wednesday outweighed a late fall in gold miners. The index rose 0.10% on Monday to 9,029.7, then 1.10% on Tuesday to 9,129.0 after the S&P 500 gained 2.35% overnight, with advancers ahead of decliners 187 to 26. Wednesday added 0.27% to 9,153.2, the week's high close. Thursday slipped 0.07% to 9,146.8 and Friday fell 0.71% to 9,082.2, with 175 decliners against 40 advancers, after December gold dropped below US$3,900/oz and the US 10-year Treasury yield rose to 5.10%.
The All Ords Gold index rose 6.64% from Friday 6 November to its Tuesday close of 19,271.3, then fell 6.07% over the last three sessions to end the week up 0.16%. December gold lost 4.70% for the week to US$3,887.6/oz, which Bloomberg described as its lowest level in more than a year. CBA.AU rose 2.01% to $170.87 and WBC.AU 2.16%, while NAB.AU fell 2.85% and ANZ.AU 1.86% after its full-year result on Monday. GQG.AU lost 25.00% after US$6.7 billion of October outflows, and MND.AU gained 19.30% on first-half profit guidance.
Sector scorecard (5-day)
The S&P/ASX 200 Information Technology index rose 2.18% in the week to 13 November 2026, the best of the 11 sectors, while Consumer Staples fell 0.85%.
- Best: Information Technology (+2.18%), as XRO.AU rose 8.75% to $76.93 and WTC.AU 3.60% to $46.09.
- Worst: Consumer Staples (-0.85%), giving back part of the previous week's 4.83% gain.
- Dispersion (best minus worst): 3.03 pts
- 2.02% was the Industrials gain, with MND.AU +19.30%, NWH.AU +10.02% and QAN.AU +2.65%.
- 1.53% for Energy as STO.AU rose 3.04%; Materials +1.36% with BHP.AU +2.15%, RIO.AU -0.27% and FMG.AU -2.17%.
- Utilities +1.02%, A-REITs +0.56% (GMG.AU +3.63%), Financials +0.30%, Health Care +0.16% (CSL.AU +0.44%), Communication Services -0.07%, Consumer Discretionary -0.27%.
Top movers, week ending 13 November
| Ticker | Week | Reason |
|---|---|---|
| MND.AU | +19.30% | 1H27 NPAT guidance $80m to $85m, midpoint 23% above estimates |
| NWH.AU | +10.02% | Fredon arm won a data centre contract worth about $240m |
| XRO.AU | +8.75% | FY27 revenue guidance raised; buyback of up to A$1 billion |
| NIC.AU | +8.47% | Unannounced, likely flow-driven. |
| GNC.AU | +8.38% | FY26 underlying EBITDA of $223m, in line with guidance |
| GQG.AU | -25.00% | October net outflows US$6.7bn; FUM down 11.8% to US$131.6bn |
| DNL.AU | -12.57% | FY26 result; EMEA and LATAM EBIT $18m vs $26m UBS estimate |
| VNT.AU | -12.22% | Flagged lower 2H FY26 revenue; $60m cost-out plan |
| LLC.AU | -11.63% | Milan MSG North sale terminated; $90m of proceeds lost |
| SLC.AU | -8.87% | FY27 EBITDA guidance $148m to $156m; capex up to $58m to $62m |
PDN.AU fell 3.89% for the week to $7.17 after a 17.59% fall on Friday, when it resumed trading below the $7.80 price of its $525 million equity raising; it had gained 10.86% on Monday with the uranium miners. XRO.AU reported first-half revenue up 46% to NZ$1.75 billion, and MND.AU closed Friday at $33.94, below its Wednesday record close of $34.99. GQG.AU has lost US$32.9 billion of net outflows in the year to date.
Friday US session
- S&P 500: 7,561.67 (-0.40%)
- Nasdaq: 25,136.27 (-0.91%)
- Dow: 52,347.55 (+0.10%)
- VIX: 19.30 (+3.21%)
Wall Street fell on Friday as AI chip stocks dropped a day after Nvidia chief executive Jensen Huang resigned; chief financial officer Colette Kress is interim CEO, and Nvidia lost just under $600 billion of market value this week, per the Associated Press. NVDA.US fell 2.01% on Friday to US$162.85 after a 4.34% fall on Thursday, while more than 60% of S&P 500 stocks rose. October US producer prices rose 0.3% against a 0.4% forecast, an annual rate of 6.5% and the highest in nearly four years (CNBC). The 10-year Treasury yield rose 5 bps to 5.15%, and economists expect the Fed to raise rates in December (AP). For the week the S&P 500 gained 2.51%, its first weekly rise since October, the Nasdaq 2.27% and the Dow 2.07%.
December gold rose 0.06% on Friday to US$3,887.6/oz and January Brent 0.27% to US$96.08, down 1.72% for the week. AUD/USD ended at 0.6774, down 1.37% for the week from 0.6868, as the US dollar index rose 1.09% to 103.41. A lower AUD lifts the Australian dollar value of US dollar earnings at CSL.AU.
Macro themes that played out
US October consumer prices rose 0.4%, more than expected (CNBC, 10 November US time), and Friday's producer price report pushed the 10-year Treasury yield from 4.86% on 6 November to 5.15%, a 29.5 bp rise in five sessions. December gold fell on Tuesday, Wednesday and Thursday as Fed officials reinforced expectations for rate rises (Bloomberg), and the All Ords Gold index lost 3.59% on Thursday and 2.53% on Friday. January Brent fell to US$91.49 on Tuesday on hopes of a US and Iran deal, then rose to US$95.82 on Thursday after President Trump said the US did not "need a deal with Iran" (AP).
The Westpac-Melbourne Institute consumer sentiment index fell 2.7% to 78.2 in November, its lowest since late 2022, and mortgage-holder sentiment hit a record low of 68.1. NAB business confidence slipped 1 point to -15 in October. The ABS said the value of new home loan commitments fell 15.5% in the September quarter, the largest quarterly fall since the series began in 2002, with investor loans down 32.3%. RBA Assistant Governor Sarah Hunter said on Monday that AI-related investment will add to inflation in the near term, with the cash rate at 4.85%. China's October producer prices rose 5.7% from a year earlier, above the 5.3% forecast (Bloomberg). The Nikkei rose 6.46% for the week to 61,142.35, recovering the previous Friday's 6.21% fall.
Week ahead, Monday to Friday (AEDT)
- Mon 16 Nov: 10:50am Japan September-quarter GDP, first estimate; 1pm China October industrial production, retail sales and fixed asset investment; 12:30pm China new home prices for October.
- Tue 17 Nov: 4am Fed Chair Kevin Warsh gives opening remarks in San Francisco; 10am RBA Governor Michele Bullock speaks on a panel at the ASIC Annual Forum; 11:30am minutes of the RBA's November board meeting, when the cash rate rose to 4.85%.
- Wed 18 Nov: 12:30am US October retail sales; about 8:20am NVDA.US third-quarter result, its first under interim CEO Colette Kress, with the call at 9am; 11:30am ABS Wage Price Index for the September quarter, after 0.8% quarterly and 3.2% annual growth in the June quarter.
- Thu 19 Nov: 12:30am US October housing starts and building permits; 6am FOMC minutes of the 27 to 28 October meeting; 10am GMG.AU annual meeting; 11:30am ABS Labour Force for October, after unemployment rose to 4.7% and employment fell 39,300 in September.
- Fri 20 Nov: 10am NXT.AU annual meeting; 11:15am RBA board member Renee Fry-McKibbin speaks in Canberra.
- Sat 21 Nov: 4:15am Fed Governor Lisa Cook speaks in Santiago.
The NAB.AU, WBC.AU and ANZ.AU ex-dividend dates have passed.
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