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Stocks in Australia slipped Tuesday, as the S&P/ASX 200 Benchmark Index dropped 0.3% to 8803.90.

Among local companies with a market cap of at least 15 billion Australian dollars ($10.41 billion), Lynas Rare Earths was the biggest laggard, plunging 6.4%, followed by shares of PLS Group, which plunged 5.4%. Shares of Evolution Mining tumbled 5.3%.

REA Group was the biggest leader during the session, gaining 2.5%, and Westpac Banking increased 2.4%. Telstra Group rounded out the top three movers, as shares increased 1.6%.

On the currency front, the WSJ Dollar Index increased 0.1% to 97.31. The U.S dollar strengthened 0.2% against the Australian dollar to 1.44 Australian dollars.

In the bond markets, the 10-year Australian government bond yield increased 3.23 basis points to 4.832%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 07, 2026 02:35 ET (06:35 GMT)

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