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CommSec Market Update

Market Close 10 Oct 25: Miners drag ASX to weekly loss

10 Oct 2025

Description

Despite more green shoots than red across the market, the ASX 200 couldn’t keep its momentum, slipping for a fourth time in five sessions. A 2% fall in materials proved too heavy to shake off, wiping out Thursday’s gains as gold and iron ore prices cooled. Tech and retail names kept things interesting — JB Hi-Fi, Flight Centre and Temple & Webster all in the winner’s circle — while Lynas Rare Earths, Guzman y Gomez and the gold miners weighed on trade. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

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