Australian Stocks Drop 0.1% in Morning Trading

Dow Jones
07/06

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

Stocks in Australia slipped during early trading Monday, as the S&P/ASX 200 Benchmark Index dropped 0.1% to 8833.40.

Among local companies with a market cap of at least 15 billion Australian dollars ($10.40 billion), Suncorp Group is the biggest early laggard, declining 3.4%, followed by shares of Coles Group, which fell 1.2%. Shares of Insurance Australia Grp fell 1.2%.

Fortescue is the biggest leader this morning, increasing 1.8%, and Goodman Group gained 0.6%. South32 rounds out the top three movers, as shares climbed 0.6%.

The U.S dollar held steady against the Australian dollar at 1.44 Australian dollars.

In the bond markets, the 10-year Australian government bond yield rose 0.3 basis point to 4.808%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

July 05, 2026 20:31 ET (00:31 GMT)

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