Tuesday 10th February 2026
Daily Market Update: 11 February 2026
Australian market – CSL shock weighs on index
The Australian sharemarket finished marginally lower after a late sell-off in CSL Limited (ASX: CSL) dragged the benchmark into the red. Just minutes before the close, CSL announced the retirement of chief executive Paul McKenzie, with board member Gordon Naylor appointed as interim chief executive. The timing triggered an automatic trading halt and delayed CSL’s close, amplifying selling pressure. CSL shares fell almost 5 per cent to $171.39, a one-month low, wiping more than 14 points from the S&P/ASX 200 Index (ASX: XJO) and distorting the official close under updated Australian Securities Exchange rules.
Australian market – sector moves and stocks in focus
Financials and insurers also weighed on sentiment, with Australia and New Zealand Banking Group Limited (ASX: ANZ) down more than 2 per cent and Westpac Banking Corporation (ASX: WBC) weaker, while insurers followed a global sell-off. In contrast, technology stocks provided some support as NextDC Limited (ASX: NXT), Megaport Limited (ASX: MP1) and Xero Limited (ASX: XRO) all advanced. Resource stocks were mixed but generally higher, led by BHP Group Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO), while uranium miners rebounded sharply. Corporate updates drove significant single-stock moves, including gains for Treasury Wine Estates Limited (ASX: TWE) and sharp declines for G8 Education Limited (ASX: GEM) and Amplitude Energy Limited (ASX: AEL).
Global markets – mixed Wall Street session
Global markets were mixed, with the Dow Jones Industrial Average (NYSE: DJI) rising 0.2 per cent to a fresh record, while the S&P 500 Index (NYSE: SPX) slipped 0.2 per cent and the NASDAQ Composite Index (NASDAQ: IXIC) fell 0.5 per cent. Investors weighed weaker United States consumer data against ongoing scrutiny of artificial intelligence-related capital spending, with flat December retail sales reinforcing expectations for more than two United States Federal Reserve rate cuts this year. Retail and financial stocks underperformed, while select technology names were mixed, offset by a sharp rally in Spotify Technology S.A. (NYSE: SPOT) after strong earnings.
| Australian Indices | Daily % | Weekly % | 1 Month % | 3 Month % | 1 Year % |
| ASX 200 | 0.2 | 0.1 | 1.7 | 0.8 | 8.0 |
| Financials | -1.2 | 2.0 | 3.8 | -2.7 | 7.0 |
| Resources | 1.0 | 0.3 | 5.1 | 15.5 | 38.9 |
| Information Technology | 2.0 | -5.4 | -12.6 | -22.9 | -26.2 |
| Global Indices | Daily % | Weekly % | 1 Month % | 3 Month % | 1 Year % |
| US 500 | -0.3 | -0.4 | -5.8 | -6.2 | 12.8 |
| Europe | 0.4 | 0.3 | -1.8 | 2.8 | 17.6 |
| Japan | 2.3 | 2.4 | 3.0 | 3.5 | 21.5 |
| China top 50 | 0.3 | -0.4 | -5.7 | -10.8 | 7.6 |
| India top 50 | -0.1 | -0.9 | -4.9 | -8.5 | -5.6 |
| Fixed Interest | Daily % | Weekly % | 1 Month % | 3 Month % | 1 Year % |
| Australian Treasury Bond | 0.2 | 0.1 | -0.4 | -1.3 | 1.9 |
| Australian Corporate Bond | 0.2 | 0.1 | -0.2 | -1.0 | 2.8 |
| US Treasury | 0.2 | 0.7 | 0.4 | 0.5 | 5.3 |
| Cash | 0.0 | 0.1 | 0.3 | 0.9 | 3.9 |
| Commodities & Crypto | Daily % | Weekly % | 1 Month % | 3 Month % | 1 Year % |
| Gold | -0.4 | 1.3 | 5.6 | 13.1 | 53.8 |
| Silver | -1.2 | -9.1 | -3.1 | 47.4 | 123.6 |
| Crude Oil | 1.8 | 1.8 | 9.3 | 8.3 | -1.5 |
| Bitcoin | -2.0 | -11.9 | -28.1 | -39.2 | -36.7 |
