Australian Stocks Drop 0.8% In Morning Trading

Dow Jones
May 11

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 declined 0.8% to 8674.70.

Among local companies with a market cap of at least 15 billion Australian dollars ($10.85 billion), CSL is the biggest early laggard, tumbling 17%, followed by shares of Macquarie Group, which dropped 2.9%. Shares of Brambles fell 2.1%.

South32 is the biggest leader this morning, rising 2.2%, and BHP Group gained 1.1%. Lynas Rare Earths rounds out the top three movers, as shares climbed 0.9%.

The U.S dollar weakened 0.1% against the Australian dollar to 1.38 Australian dollars.

In the bond markets, the 10-year Australian government bond yield rose 0.33 basis point to 5.002%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 10, 2026 20:30 ET (00:30 GMT)

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