- 01The ASX 200 rose 0.40% for the week; the Small Ordinaries fell 1.34%.
- 02REITs led sectors with a 3.73% gain, while technology fell 1.97%.
- 03Several small-cap leaders rose sharply, but the broader small-cap index declined.
- 04Brent crude rose 0.85% over the week to US$101.42 a barrel.
- S&P/ASX 200
- 8,716.6
- +0.40%
- S&P/ASX Small Ordinaries
- 3,281.9
- −1.34%
- All Ordinaries
- 8,877.7
- +0.26%
The ASX 200 gained on concentrated large-cap support while small caps, technology and materials finished the week lower.
A Friday lift leaves the broader decline intact
The S&P/ASX 200 rose 0.40% for the week to 8,716.6 as large stocks supplied enough support to overcome weaker small caps, materials and technology. Its Friday rise of 0.64% recovered much of Thursday’s 0.77% fall. Commonwealth Bank of Australia (ASX:CBA) was among Friday’s largest contributors after weighing on the index in the previous session.
The week’s gain leaves the benchmark 1.20% above its 60-session low, reached before the week began, and 6.10% below its August high. It finished just above its 20-day average but remained below its 50-day and 200-day averages. The All Ordinaries rose 0.26% over the week to 8,877.7, a smaller gain than the ASX 200’s.
Daily closes; the shaded band is the week of Mon 5 Oct – Fri 9 Oct.
- 60-session low
- 8,613.2
- Close 1.20% above
- 60-session high
- 9,282.9
- Close 6.10% below
- 20-day average
- 8,710.3
- Close 0.07% above
- 50-day average
- 8,930.9
- Close 2.40% below
- 200-day average
- 8,825.8
- Close 1.24% below
Recent range and moving averages at the week's close.
Small caps trailed despite sharp individual gains
The S&P/ASX Small Ordinaries fell 1.34% for the week to 3,281.9, trailing the ASX 200’s 0.40% gain. Participation was thin in the available session notes: fewer than half of traded stocks rose on Monday, Wednesday and Thursday. Breadth improved on Friday, when 52.7% advanced, but small caps still lagged the benchmark that session.
Eden Innovations Ltd (ASX:EDE) led the small-cap gainers, rising 45.76% over the week to $0.086 following a US sales update. Prospect Resources Ltd (ASX:PSC) rose 27.66% to $0.300, Ionic Rare Earths Ltd (ASX:IXR) gained 23.30% to $0.635, and Rox Resources Ltd (ASX:RXL) added 10.92% to $0.660 after reporting on stope planning and high-grade drilling at United North.
The losses were substantial. Maas Group Holdings Ltd (ASX:MGH) fell 32.01% over the week to $4.63, Elixir Energy Ltd (ASX:EXR) lost 28.21% to $0.056, and Weebit Nano Ltd (ASX:WBT) declined 25.93% to $2.80. Maas also recorded a 22.38% one-day fall on Thursday.
Gainers
- EDEEden Innovations Ltd+45.8%Eden US Sales Update - Strong Q1FY27 growth
- PSCProspect Resources Ltd+27.7%
- IXRIonic Rare Earths Ltd+23.3%
- GTKGentrack Group Ltd+12.9%
- RXLRox Resources Ltd+10.9%United North stope planning and high-grade drilling
Decliners
- MGHMaas Group Holdings Ltd−32.0%
- EXRElixir Energy Ltd−28.2%
- WBTWeebit Nano Ltd−25.9%
- DTRDateline Resources Ltd−22.7%
- ELSElsight Ltd−22.4%
Change from the previous Friday's close, as traded and not adjusted for dividends, among stocks with at least $1 million traded in the week.
Property and healthcare rose; technology and materials slipped
REITs topped the sector table with a weekly gain of 3.73%, followed by utilities at 3.64% and healthcare at 3.53%. Healthcare’s named movers included CSL Ltd (ASX:CSL), which rose 1.85% in one session, Cochlear Ltd (ASX:COH), which gained 4.20% in one session, and Pro Medicus Ltd (ASX:PME), which added 4.50% on Friday.
Consumer discretionary rose 2.40% over the week. Lottery Corporation Ltd (ASX:TLC) gained 4.64% on Friday and Wesfarmers Ltd (ASX:WES) rose 1.72% that session, while Lovisa Holdings Ltd (ASX:LOV) fell 9.15% on Thursday. Energy rose 2.00%; Woodside Energy Group Ltd (ASX:WDS) gained 2.57% in Thursday’s session, while Paladin Energy Ltd (ASX:PDN) fell 6.34% that day.
Technology was the weakest sector, down 1.97% for the week. Megaport Ltd (ASX:MP1) fell 8.02% in Thursday’s session, although WiseTech Global Ltd (ASX:WTC) rose 4.25% on Friday. Materials declined 1.00%, with BHP Group Ltd (ASX:BHP) down 2.02% in Thursday’s session and Fortescue Ltd (ASX:FMG) down 2.85% on Friday.
- REITs+3.73%
- Utilities+3.64%
- Healthcare+3.53%
- Discretionary+2.40%
- Staples+2.31%
- Energy+2.00%
- Industrials+0.02%
- Telecom−0.19%
- Financials−0.31%
- Gold−0.35%
- Materials−1.00%
- Technology−1.97%
Acquisitions and placements kept company news active
Dicker Data Ltd (ASX:DDR) agreed to buy Sektor Group for NZD$138.0 million, adding distribution businesses in Thailand and Malaysia; completion remains subject to conditions and regulatory approvals. LGI Ltd (ASX:LGI) agreed to acquire two operating Queensland solar farms with 42MW of export capacity for $22.0 million, with no associated debt.
Astral Resources NL (ASX:AAR) agreed to acquire Estrella Resources Ltd’s (ASX:ESR) Spargoville nickel rights for $3,000,000 in Astral shares issued at $0.15 each. The transaction covers rights Astral says may be important to its Mandilla Gold Project development footprint and remains conditional on approvals and other requirements.
Among raisings, Torque Metals Ltd (ASX:TOR) received firm commitments for a A$25 million placement at A$0.19 a share for exploration at Ritz and South Kalgoorlie. Kalamazoo Resources Ltd (ASX:KZR) secured commitments for a A$10.0 million placement at A$0.18 a share, including A$7.84 million from Muqasab and A$2.16 million from existing shareholder YT International. EcoGraf Ltd (ASX:EGR) reported a $4.727 million total raising, including a placement at $0.222 a share.
L1 Global Long Short Fund Ltd (ASX:GLS) completed institutional entitlement and shortfall offers raising approximately A$100.9 million at A$1.76 a share, with a retail offer still to come. In substantial-holder notices, Magellan Financial Group reported ceasing to be a substantial holder in Premier Investments Ltd (ASX:PMV); the supplied notice extract gave no resulting holding.
- Dicker Data Ltd (ASX:DDR): Dicker Data Agrees to Acquire Sektor Group
- Astral Resources NL (ASX:AAR): Third Rights Acquired Over Mandilla Development Footprint
- LGI Ltd (ASX:LGI): LGI to Acquire 42MW of Operating Solar Generation Assets
- Brazilian Critical Minerals Ltd (ASX:BCM): BCM Acquires MAGSUL process plant
- Estrella Resources Ltd (ASX:ESR): Divestment of Spargoville Nickel Rights
- Famien Resources Ltd (ASX:FMN): Divestment of non-core West Yilgarn Assets
- L1 Global Long Short Fund Ltd (ASX:GLS): Completion of institutional entitlement offer
- Ballard Mining Ltd (ASX:BM1): Capital Raising Presentation - October 2026
- Torque Metals Ltd (ASX:TOR): Torque Completes A$25 million Placement
- Ecograf Ltd (ASX:EGR): Successful Completion of $4.727 million Capital Raising
- Kalamazoo Resources Ltd (ASX:KZR): A$10m Strategic Cornerstone Placement at 29% Premium
- Dorsavi Ltd (ASX:DVL): dorsaVi Raises A$3M for Robotics Strategy and RRAM Tape-Out
Large-cap winners diverged from unusually busy small stocks
Domino’s Pizza Enterprises Ltd (ASX:DMP) led the listed large-cap gainers, rising 12.35% over the week to $22.20. Macmahon Holdings Ltd (ASX:MAH) gained 11.00% to $1.11, Lottery Corporation rose 6.79% to $5.19, Cleanaway Waste Management Ltd (ASX:CWY) added 6.56% to $2.76, and Pro Medicus rose 5.98% to $165.73.
Sunrise Energy Metals Ltd (ASX:SRL) led the large-cap falls, declining 18.68% over the week to $17.15. Megaport lost 15.94% to $18.78, Electro Optic Systems Holdings Ltd (ASX:EOS) fell 11.84% to $10.13, and Paladin declined 7.50% to $8.39.
Eden’s average daily volume ran at 12.9 times its prior 20-session average alongside its US sales update. SKS Technologies Group Ltd (ASX:SKS) fell 19.58% over the week to $8.75 on volume 4.2 times its prior average; it issued a share sale and company update. Solvar Ltd (ASX:SVR) fell 5.76% to $1.39 on volume 8.3 times its prior average.
Gainers
- DMPDomino's Pizza Enterprises Ltd+12.4%
- MAHMacmahon Holdings Ltd+11.0%
- TLCLottery Corporation Ltd+6.8%
- CWYCleanaway Waste Management Ltd+6.6%
- PMEPro Medicus Ltd+6.0%
Decliners
- SRLSunrise Energy Metals Ltd−18.7%
- MP1Megaport Ltd−15.9%
- EOSElectro Optic Systems Holdings Ltd−11.8%
- SGMSims Ltd−8.0%
- PDNPaladin Energy Ltd−7.5%
Change from the previous Friday's close, as traded and not adjusted for dividends, among stocks with at least $1 million traded in the week.
- EDE Eden Innovations Ltd+12.9
- SVR Solvar Ltd+8.3
- SKS SKS Technologies Group Ltd+4.2
- IXR Ionic Rare Earths Ltd+4.1
- PSC Prospect Resources Ltd+3.6
- CNB Carnaby Resources Ltd+3.2
- MGH Maas Group Holdings Ltd+3.0
- CAM Clime Capital Ltd+3.0
Average daily volume this week as a multiple of the prior 20 sessions' average.
Oil risks and bond yields framed offshore trading
Oil supply concerns grew during the week as reports covered a US storm, Houthi air strikes and shipping attacks near Middle Eastern oil routes. Brent crude finished at US$101.42 a barrel, up 0.85% over the week, while WTI fell 1.23% to US$89.68 a barrel. Australian energy shares rose 2.00%, with Woodside and Beach Energy Ltd (ASX:BPT) among the named one-session gainers.
Offshore shares contended with elevated oil prices and bond-market unease, although US benchmarks remained higher for the week through Thursday. The S&P 500 rose 1.29% and the Nasdaq Composite gained 1.20%; the Russell 2000 small-cap ETF fell 0.52%. India’s central bank raised its repo rate by 25 basis points, while minutes from the US Federal Reserve showed officials saw further work ahead on inflation. The US 10-year Treasury yield stood at 5.22%, down 2.0 basis points over the week through Thursday.
Australia’s 10-year government bond yield stood at 5.40%, up 6.0 basis points over the week through Wednesday. The Australian dollar rose 0.67% over the week to US$0.6985. Locally, August dwelling approvals were 16,967, compared with 19,273 previously. Gold gained 0.37% over the week to US$4,194.95 an ounce, while copper rose 1.30% to US$6.60 a pound.
- AUD/USD
- 0.6985
- +0.67%
- USD per AUD
- Australia 10-Year Government Bond Yield
- 5.40
- +6 bps
- Australia 3-Year Government Bond Yield
- 4.93
- +1 bps
- Gold
- 4,194.95
- +0.37%
- US$/oz
- Brent Crude
- 101.42
- +0.85%
- US$/bbl
- Copper
- 6.60
- +1.30%
- US$/lb
Change is the move over the week.
What's next
Preliminary US consumer sentiment and inflation expectations are scheduled for 10 October. The minutes of the September 2026 Reserve Bank of Australia Monetary Policy Board meeting are due on 13 October. Australian national accounts and supply-use tables are scheduled for 23 October.
- Sat, 10 Oct01:00Prelim UoM Consumer SentimentUnited States47.5
- Sat, 10 Oct01:00Prelim UoM Inflation ExpectationsUnited States
- Tue, 13 Oct11:30Minutes of the September 2026 Monetary Policy Board MeetingAustralia
- Fri, 23 Oct11:30Australian National Accounts: Supply Use TablesAustralia
- Fri, 23 Oct11:30Australian System of National AccountsAustralia
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.
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The ASX small-cap stories that matter, filed before 9am AEST. Curated by the Small Caps desk.