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2026.09.2306:52:07UTC+00ASX 200 Near Steady at Finish

The ASX 200 finished virtually unchanged at 8,765 on Wednesday. Gains in consumer durables, industrials, and non-energy minerals nearly offset losses in energy, technology, and healthcare. The local market gave back early advances as investors positioned ahead of Thursday’s Australian labor market report and assessed September’s flash PMIs, which pointed to slower services activity and continued softness in manufacturing.

U.S. equity futures ticked higher after Wall Street’s near-record close on Tuesday, supported by a pullback in oil prices amid momentum toward ending the conflict in the Middle East. Markets also focused on Thursday’s bilateral summit between President Trump and China’s President Xi Jinping, with hopes building for progress on trade despite still-fragile relations.

Among heavyweight miners, BHP gained 1.4% and Rio Tinto added 0.8%, boosted by firmer copper prices as China increased purchases ahead of upcoming holidays. Other notable movers included Northern Star Resources (+4.0%), Evolution Mining (+2.2%), and Goodman Group (+3.0%). By contrast, energy names underperformed, with Woodside Energy falling 2.0% and Santos down 1.8%.

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