Aug 24, 2026 – 4.33pmThe Australian sharemarket has managed to outperform both Wall Street and key Asian markets over the last month despite the earnings season painting an “uninspiring picture” as analysts downgrade their forecasts for the year ahead.A major driver of the S&P/ASX 200’s nearly 4 per cent rally – better than the S&P 500’s 3.6 per cent rise, Japan’s 2.1 per cent gain, and South Korea’s 1.7 per cent – has been the resource companies. The sector has climbed 15 per cent in the last four weeks that has helped push index heavyweight BHP to a fresh record on Monday.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
ASX is beating Wall Street even with ‘uninspiring’ profit results
The sharemarket has carved out a nearly 4 per cent gain over the last month, powered by resources and healthcare, but analysts warn all is not as well as it seems.
123 words~1 min read
