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ASX rallies 1.4pc as Middle East tension eases

Jul 27, 2026 (The Australian Financial Review - ABIX via COMTEX) --

The Australian sharemarket posted its largest one-day gain since mid-June on Monday, with the S&P/ASX 200 adding 1.4 per cent to close at 8,894 points. BHP rose 2.1 per cent to $60.10, WiseTech Global was up seven per cent at $32.12 and Westpac advanced 1.5 per cent to end the session at $37.68. However, a fall in the crude oil price weighed on energy stocks, with Karoon Energy shedding 7.8 per cent to finish at $1.65. Myer was down 12 per cent at $0.22, while the Australian dollar edged up to $US0.70..

Publication Date: 28 July 2026

STANDARD AND POOR'S ASX 200 INDEX
BHP GROUP LIMITED - ASX BHP
WISETECH GLOBAL LIMITED - ASX WTC
WESTPAC BANKING CORPORATION - ASX WBC
KAROON ENERGY LIMITED - ASX KAR
MYER HOLDINGS LIMITED - ASX MYR
comtex tracking

COMTEX_489555750/2229/2026-07-27T18:21:40

By Matt Bell

Copyright 2026 Roy Morgan Research. All Rights Reserved.

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