Australian Stocks Rise 1.6%

Dow Jones05-29

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

Stocks in Australia gained Friday, as the S&P/ASX 200 Benchmark Index increased 1.6% to 8731.70.

Among local companies with a market cap of at least 15 billion Australian dollars ($10.74 billion), Evolution Mining was the biggest leader during the session, adding 4.2%, and Northern Star Resources increased 3.4%. Transurban Group rounded out the top three movers, as shares gained 3.0%.

CSL was the biggest laggard, dropping 1.0%, followed by shares of SGH, which slipped 0.6%. Shares of Santos slipped 0.5%.

On the currency front, the WSJ Dollar Index held steady at 95.67. The U.S dollar held steady against the Australian dollar at 1.40 Australian dollars.

In the bond markets, the 10-year Australian government bond yield fell 6.37 basis points to 4.845%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 29, 2026 02:35 ET (06:35 GMT)

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