Australian Stocks Rise 1.0% In Morning Trading

Dow Jones05-07

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

Stocks in Australia climbed during early trading Thursday, as the S&P/ASX 200 Benchmark Index rose 1.0% to 8885.50.

Among local companies with a market cap of at least 15 billion Australian dollars ($10.85 billion), Evolution Mining is the biggest leader this morning, rising 4.4%, and South32 gained 4.0%. BHP Group rounds out the top three movers, as shares added 3.7%.

Woodside Energy Group is the biggest early laggard, declining 4.3%, followed by shares of Santos, which fell 2.9%. Shares of Insurance Australia Grp slipped 0.8%.

The U.S dollar held steady against the Australian dollar at 1.38 Australian dollars.

In the bond markets, the 10-year Australian government bond yield fell 4.23 basis points to 4.924%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

May 06, 2026 20:31 ET (00:31 GMT)

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