ASX ends 1.1% lower as miners sink; Treasury Wine soars on guidance update
Make us a preferred source
Make us a preferred source on Google
The news: The Australian sharemarket ended lower as miners (-3.2%), telcos (-2.2%) and tech companies (-1.9%) sold off.
The benchmark ASX 200 index fell 1.13% to 8,686.1, with six of the 11 sectoral indices in negative territory.
Biggest movers:
- Treasury Wine (+13.1%) — Reaffirmed its FY26 and FY27 earnings guidance during its investor day presentation.
- Ampol (+4.1%) — Extended gains for a second day after the ACCC approved its $1 billion acquisition of EG Australia, subject to the sale of 41 retail fuel sites.
Other news:
- Pro Medicus (-0.3%) — Signed a five-year contract renewal with the Ohio State University Wexner Medical Center, through its wholly owned US subsidiary Visage Imaging, valued at $16 million.
- Orica (-1.3%) — Appointed former PwC chief executive Mark Johnson as an independent non-executive director, effective 1 July.
- IperionX (-4.6%) — Said its US-based critical minerals project Titan represents $1 billion in after-tax net present value, following the completion of a definitive feasibility study.
