S&P/ ASX 200 slips 0.07 percent to 9,146.8

Published on 11/12/2026 at 18:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The S&P/ASX 200 closed 0.07 percent lower at 9,146.8 points on Thursday. A sharp decline in materials outweighed gains in financials and several other sectors.

ASX 200 closes slightly lower

The S&P/ASX 200 ended Thursday at 9,146.8 points, down 0.07 percent from Wednesday.
Materials fell 2.08 percent, while financials gained 1.10 percent and limited the index decline.
The session ended a three-day winning streak, with miners under pressure and banks providing support.

S&P/ASX 200, XC0006013624, Illustration mit AI erstellt.

The S&P/ASX 200 finished Thursday, November 12, 2026, slightly lower after a mixed session in Sydney. The index declined 6.4 points, or 0.07 percent, to 9,146.8, ending a three-session winning streak. The official S&P Dow Jones Indices page recorded the index at 9,146.78 on November 12.

Materials weigh on the benchmark

The decline was concentrated in resources. According to ShareTrader, the materials sector fell 2.08 percent, substantially more than any other sector. Major miners were among the weakest performers: BHP Group declined 1.29 percent, Rio Tinto lost 2.14 percent and Fortescue Metals fell 2.40 percent. Gold-related shares were also under pressure, with the All Ordinaries Gold index down 3.59 percent.

The materials retreat reversed part of the gains built during the previous three sessions. The broader market was not uniformly weak, however: seven of the eleven sectors advanced. Financials led the gainers with a 1.10 percent rise, while health care increased 0.61 percent and A-REITs gained 0.62 percent.

Banks offset part of the decline

Bank stocks provided the main counterweight to the resources sell-off. Commonwealth Bank rose 2.89 percent, Westpac gained 1.93 percent and National Australia Bank added 0.54 percent. ANZ was an exception among the major banks, falling 0.95 percent. Westpac's advance marked its fourth consecutive daily gain, according to ShareTrader.

Company-specific news also shaped individual moves. Xero advanced 6.08 percent after raising its revenue outlook for the year ending March 31, 2027, and announcing an on-market buyback of up to 1 billion Australian dollars. The software company's strength helped support the technology segment despite broader uncertainty around global artificial-intelligence stocks.

Market focus remains divided

Wednesday's closing level was 9,153.2 points, so Thursday's close represented a decline of 6.4 points, or about 0.07 percent, on the same index variant. The session showed how the ASX 200's sector composition can mute large moves in individual resource and banking groups: weakness in materials was largely offset by financials and selected defensive sectors.

For further coverage of the S&P/ASX 200, visit the index topic page.