Mid-Market: S&P/ASX 200 Trading Higher; Oil Gains More Than 4%
Source: Kapitales Research
On 09 January 2026, at AEDT 12:45 PM, the benchmark index S&P/ASX 200 is trading higher today, gaining 7.60 points or 0.09%, and is currently trading at 8,728.40 levels. Out of 11, 8 sectors are trading higher along with the gain in the S&P/ASX 200.
The Energy and Consumer Staples sectors are the top 2 gaining sectors, gaining 2.18% and 0.74% in their index values. On the other hand, Financial and Information Technology sectors are the top 2 declining sectors, declining 0.15% and 0.06% in their index values.
Codan Limited (ASX: CDA) and Mesoblast Limited (ASX: MSB) are the top-gaining stocks, gaining 16.587% and 9.491% in their stock prices. On the other hand, Rio Tinto Limited (ASX: RIO) and Paladin Energy Limited (ASX: PDN) are the top-losing stocks and are declining by 5.891% and 3.670% in their stock prices.
Factors influencing the market-
The Australian stock market is on track for a modest weekly rebound, with significant gains in oil prices helping to counterbalance the downturn in the materials sector, driven by Rio Tinto's merger discussions with Glencore.
DroneShield Limited’s shares jumped 3.0% as it followed a bounce in US defence stocks after President Donald Trump signaled support for a 50 per cent increase in the American military budget to $US1.5 trillion.
Mesoblast jumped 9.5% after reporting $35.1 million in gross revenue from Ryoncil sales in the December quarter, a 60% increase from the previous period.
Aristocrat Leisure gained 2% as it extended its ongoing share buyback program, allowing for the repurchase of up to an additional $750 million in shares over the next 12 months, bringing the total value of the program to $1.5 billion, set to run until March 5, 2027.
Energy sector led the gains as Brent crude surged 4.7% after a larger-than-anticipated drop of 3.8 million barrels in US January inventories, along with renewed worries about Venezuelan supply disruptions.
The Dow Jones closed up by 0.55%, S&P 500 gained by 0.01% and Nasdaq was down by 0.44% in the previous session.
Hang Seng is up by 0.37%, and FTSE 100 is down by 0.04%.
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Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Mid-Market: S&P/ASX 200 Trading Higher; Oil Gains More Than 4%
On 09 January 2026, at AEDT 12:45 PM, the benchmark index S&P/ASX 200 is trading higher today, gaining 7.60 points or 0.09%, and is currently trading at 8,728.40 levels. Out of 11, 8 sectors are trading higher along with the gain in the S&P/ASX 200.
The Energy and Consumer Staples sectors are the top 2 gaining sectors, gaining 2.18% and 0.74% in their index values. On the other hand, Financial and Information Technology sectors are the top 2 declining sectors, declining 0.15% and 0.06% in their index values.
Codan Limited (ASX: CDA) and Mesoblast Limited (ASX: MSB) are the top-gaining stocks, gaining 16.587% and 9.491% in their stock prices. On the other hand, Rio Tinto Limited (ASX: RIO) and Paladin Energy Limited (ASX: PDN) are the top-losing stocks and are declining by 5.891% and 3.670% in their stock prices.
Factors influencing the market-
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au