Australian equities rise 0.4% as Wall Street rally lifts sentiment

Sep 21, 2026 06:46 (34d ago)

The ASX 200 rose in early Tuesday trading after Wall Street advanced toward record highs, led by technology and artificial-intelligence stocks.
The index was reported at 8,769, up 37 points or 0.4%, while a separate report cited 8,748.20 and a 0.2% gain; South Korea’s Kospi jumped 1.6% to 7,120.25.
Lower Monday oil prices and a decline in the 10-year Treasury yield supported sentiment, although Australia’s four major banks expect a rate increase next week.

Australian equities advanced early Tuesday after Wall Street rallied toward record highs, with technology and artificial-intelligence stocks leading gains. The ASX 200 was reported at 8,769, up 37 points or 0.4%, after Monday’s flat close at 8,732; a separate market report put it at 8,748.20, up 0.2%. South Korea’s Kospi gained 1.6%, Hong Kong and Shanghai rose, and Tokyo remained closed until Thursday, while investors monitored oil flows through the Strait of Hormuz, Treasury yields, potential Middle East talks and the September 24 meeting between President Donald Trump and Chinese leader Xi Jinping. Australia’s four major banks expect a rate increase next week after Reserve Bank Governor Michele Bullock’s hawkish comments, with flash September PMI and August labor data ahead.