Australian Markets Edge Up as Tech, Financials Gain

Australian equities posted modest gains on June 23, 2026, following a positive lead from Wall Street. The S&P/ASX 200 index rose 0.1% to 7,800.5, while the broader All Ordinaries index also edged up 0.1% to 8,056.7. Technology stocks led the advance, with Xero (XRO.AX) climbing 1.0% and WiseTech Global (WTC.AX) gaining 1.3%. Financials also contributed positively, as Commonwealth Bank (CBA.AX) and Westpac (WBC.AX) both increased 0.6%. Conversely, mining shares weighed on the market, with Fortescue Metals (FMG.AX) declining 1.0% and Rio Tinto (RIO.AX) down 0.5%. In commodities, WTI crude oil slipped 0.2% to $80.59 a barrel, and gold futures fell 0.1% to $2,330.40 an ounce. The Australian dollar traded slightly higher at $0.6657.