Updated May 14, 2026 — 11:23am,first published May 14, 2026 — 5:20am
Australia’s sharemarket has broken a four-session losing streak, albeit unconvincingly, after a rebound in banks and continued strength in major miners tipped the bourse into positive territory.
The S&P/ASX200 rose 10.3 points on Thursday, up 0.12 per cent to 8640.7, as the broader All Ordinaries edged four points higher, or 0.05 per cent, to 8884.7.
The exchange has lost ground on 16 of the past 21 trading days, with the Persian Gulf energy shock, higher local interest rates and a series of disappointing earnings results from major Australian companies weighing on investor sentiment.
“We just got a pretty lifeless day, to be honest,” Pepperstone head of research Chris Weston said. “We’re waiting for something to happen, and we’ve got a market that is really unsure about more interest rates.”
