Australian Stocks Fall 1.0% In Morning Trading

Dow Jones
05/08

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Australia fell during early trading Friday, as the S&P/ASX 200 Benchmark Index dropped 1.0% to 8785.90.

Among local companies with a market cap of at least 15 billion Australian dollars ($10.81 billion), National Australia Bank is the biggest early laggard, declining 2.0%, followed by shares of Goodman Group, which declined 1.9%. Shares of BHP Group dropped 1.7%.

REA Group is the biggest leader this morning, gaining 3.2%, and Wash Soul Pattinson gained 0.7%. Macquarie Group rounds out the top three movers, as shares climbed 0.4%.

The U.S dollar weakened 0.1% against the Australian dollar to 1.39 Australian dollars.

In the bond markets, the 10-year Australian government bond yield increased 6.1 basis points to 4.979%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 07, 2026 20:31 ET (00:31 GMT)

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