- 01The ASX 200 closed at 8614.4, down 0.58% for the week.
- 02All 12 sectors fell on Thursday, led by selling in banks.
- 03Technology gained 2.77% over the week; energy fell 2.44%.
- 04The Small Ordinaries closed down 1.39% for the week.
- S&P/ASX 200
- 8,614.4
- −0.58%
- S&P/ASX Small Ordinaries
- 3,308.7
- −1.39%
- All Ordinaries
- 8,794.4
- −0.58%
Thursday's broad sell-off erased the ASX 200's earlier gains, while small caps finished the week further behind.
A rising start gave way to Thursday's sell-off
The S&P/ASX 200 finished the week at 8614.4, down 0.58% from the previous Friday's close of 8665.0. The All Ordinaries also fell 0.58%, while the S&P/ASX 300 lost 0.62%. The Small Ordinaries closed at 3308.7, down 1.39% for the week.
Monday's 0.17% rise to 8679.7 came with limited participation: 31.6% of traded names advanced as banks and healthcare supported the index. The ASX 200 added 0.34% on Tuesday to close at 8709.3. That day's note said three leading companies supplied 80% of the upward market-value change among the largest index influences. On Wednesday, the index rose 0.92% to 8789.3; three large companies accounted for 66% of the upward change among the day's largest influences.
Thursday reversed those gains. The ASX 200 fell 1.99% to 8614.4 as all 12 sectors closed lower and 28.7% of traded names advanced. Three major bank detractors accounted for 59% of the downward market-value change among the day's largest index influences. Friday's closing level was also 8614.4. No Friday session note was supplied.
Daily closes; the shaded band is the week of Mon 28 Sep – Fri 2 Oct.
- Mon 28 Sep+0.17%
- Tue 29 Sep+0.34%
- Wed 30 Sep+0.92%
- Thu 1 Oct−1.99%
Technology led the weekly sector returns
Technology gained 2.77% over the week, ahead of discretionary at 1.77%, REITs at 1.36% and telecom at 1.26%. Industrials edged up 0.03%. Those weekly gains remained in place despite every sector closing lower on Thursday.
Energy recorded the largest weekly sector decline at 2.44%. Gold fell 1.71% and materials lost 1.56%, while staples declined 1.24% and financials fell 0.86%. Utilities and healthcare also finished lower, by 0.09% and 0.11% respectively. The Small Ordinaries' 1.39% weekly fall exceeded the decline in the ASX 200.
- Technology+2.77%
- Discretionary+1.77%
- REITs+1.36%
- Telecom+1.26%
- Industrials+0.03%
- Utilities−0.09%
- Healthcare−0.11%
- Financials−0.86%
- Staples−1.24%
- Materials−1.56%
- Gold−1.71%
- Energy−2.44%
Trading updates featured among the sharpest daily moves
Codan Ltd (ASX:CDA) rose 23.93% on Tuesday after a trading update, one of the company moves highlighted in that day's concentrated market rise. Megaport Ltd (ASX:MP1) gained 9.44% in Tuesday's session. Sunrise Energy Metals Ltd (ASX:SRL) added 9.19% and Perenti Ltd (ASX:PRN) rose 8.84% on the same day.
Data#3 Ltd (ASX:DTL) gained 13.68% on Thursday following its first-half 2027 trading update, even as the wider market fell. The largest listed Thursday declines included Liontown Ltd (ASX:LTR), down 15.05%, Lynas Rare Earths Ltd (ASX:LYC), down 8.60%, and Suncorp Group Ltd (ASX:SUN), down 7.36%.
Elsewhere, Minerals 260 Ltd (ASX:MI6) fell 10.64% on Monday, when it filed its share purchase plan documents. Develop Global Ltd (ASX:DVP) declined 10.00% on Wednesday. Each of these company moves is a single-session change.
Gainers
- CDACodan Ltd+23.9%Tue, 29 SeptTrading Update
- DTLData#3 Ltd+13.7%Thu, 1 OctDTL 1H 27 Trading Update
- MP1Megaport Ltd+9.4%Tue, 29 Sept
- SRLSunrise Energy Metals Ltd+9.2%Tue, 29 Sept
- PRNPerenti Ltd+8.8%Tue, 29 Sept
Decliners
- LTRLiontown Ltd−15.1%Thu, 1 Oct
- MI6Minerals 260 Ltd−10.6%Mon, 28 SeptShare Purchase Plan Opens / Share Purchase Plan Booklet
- DVPDevelop Global Ltd−10.0%Wed, 30 Sept
- LYCLynas Rare Earths Ltd−8.6%Thu, 1 Oct
- SUNSuncorp Group Ltd−7.4%Thu, 1 Oct
The largest one-day moves among the week's daily movers, with the filing behind each where there was one.
Rate decision and Friday cross-assets
The Reserve Bank of Australia raised the cash rate by 25 basis points to 4.60% on Tuesday. Minutes of the September 2026 Monetary Policy Board meeting are scheduled for Tuesday 13 October at 11:30.
At Friday's close, the S&P 500 was down 0.25% for its session, while the Nasdaq Composite was up 0.24%. Brent crude fell 0.51% and gold rose 0.67% in Friday trading. The AUD/USD rate stood at 0.69535, up 0.12% for that session.
- S&P 500
- 7,651.54
- −0.25%
- Nasdaq Composite
- 26,861.06
- +0.24%
- Dow Jones Industrial Average
- 50,906.05
- −0.86%
- S&P 500 (SPY ETF)
- 762.63
- −0.21%
Change is the final session's move.
The week ahead
- Tue, 13 Oct11:30Minutes of the September 2026 Monetary Policy Board MeetingAustralia
General information only, prepared without taking into account your objectives, financial situation or needs. It is not a recommendation to buy or sell any security. Past performance is not a reliable indicator of future performance.
Get the wire before the market opens.
The ASX small-cap stories that matter, filed before 9am AEST. Curated by the Small Caps desk.