S&P/ ASX 200 closes 0.5 percent higher as miners rally
Published on 10/27/2026 at 22:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMiners and inflation set the tone
- The S&P/ASX 200 closed at 8,850 points on October 27, up 40 points or 0.5 percent.
- Materials rose 2.8 percent as BHP and Rio Tinto led the sector higher.
- Star Entertainment surged 13.0 percent after reporting AUD 12 million in quarterly EBITDA.
- Australian CPI is due October 28, 2026, at 11:30 a.m. AEDT, with 1.0 percent trimmed-mean growth expected.
The S&P/ASX 200 closed at 8,850 points on October 27, up 40 points or 0.5 percent. Materials rose 2.8 percent, lifting the benchmark after an early decline.
Star Entertainment surged 13.0 percent after reporting AUD 12 million in first-quarter earnings before interest, taxes, depreciation and amortization. Reuters reported the result after the close.
Why did the S&P/ASX 200 rise?
A strong Wall Street lead tied to Anthropic's planned initial public offering supported technology and mining shares. BHP rose 4.3 percent and Rio Tinto gained 2.5 percent as copper prices supported materials, News.com.au reported.
Top and flop in the S&P/ASX 200
Winners and losers at the close according to Barron's:
- Megaport up 9.6 percent
- FireFly Metals up 9.3 percent
- Minerals 260 up 8.5 percent
- Eagers Automotive down 4.7 percent
- Life360 down 4.6 percent
- ARB down 3.8 percent
Only five of the 11 sectors finished higher. Financials fell 0.6 percent, while consumer discretionary shares weakened before the inflation release.
S&P/ASX 200 trading range
The index opened at 8,825 points and fell to 8,773 points before recovering. It reached 8,859 points during the session, according to Barron's.
Australia inflation sets the next test
Australian consumer price data are due on October 28, 2026, at 11:30 a.m. AEDT. Banks expect trimmed-mean inflation to rise 1.0 percent during the quarter, above the Reserve Bank of Australia's 0.8 percent forecast, InvestingLive reported.
What comes next for the S&P/ASX 200
- October 28, 2026, 11:15 a.m. AEDT: Reserve Bank officials appear before the Senate Economics Legislation Committee, Perpetual reports.
- October 28, 2026, 11:30 a.m. AEDT: September-quarter CPI is released, with 1.0 percent trimmed-mean growth expected, InvestingLive reports.
- November 3, 2026, 2:30 p.m. AEDT: The Reserve Bank of Australia announces its policy decision, RBA Watch reports.
S&P/ASX 200 price data for October 27, 2026
The S&P/ASX 200 closed at 8,850 points at 4:11 p.m. AEDT on October 27, 2026, according to Barron's. It gained 40 points, or 0.5 percent, from 8,810 points on October 26. The index opened at 8,825 points and traded between 8,773 and 8,859 points.
S&P/ASX 200 by the numbers on October 27, 2026
- Index: S&P/ASX 200
- Home exchange: Australian Securities Exchange, Australia
- Close on October 27, 2026: 8,850 points
- Change versus previous close of October 26, 2026: up 40 points (up 0.5 percent)
- Previous close: 8,810 points
- Open: 8,825 points
- Day high / day low: 8,859 points / 8,773 points
- Top gainer: Megaport up 9.6 percent
- Top loser: Eagers Automotive down 4.7 percent
- Next scheduled event: October 28, 2026, 11:30 a.m. AEDT: September-quarter CPI release
