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Sharemarket dips but ends week higher despite risks
Australian shares dip on Friday but finish a second straight week higher despite domestic and global risks.
Key points
- The S&P/ASX200 fell 44.3 points on Friday, down 0.49 per cent, to 9020.8.
- The All Ordinaries lost 60.5 points, or 0.66 per cent, to 9144.7 on Friday.
- Macquarie Group slumped 3.69 per cent after APRA imposed a $100 million capital penalty.
Why it matters. Macquarie's capital penalty for breaching requirements at its non-bank businesses may weigh on investor sentiment toward the bank-linked wealth giant.
Australian shares fell on Friday but still notched a second straight weekly gain, with the S&P/ASX200 down 44.3 points, or 0.49 per cent, to 9020.8. The All Ordinaries lost 60.5 points to 9144.7, while the ASX200 remained up 1.2 per cent since Monday and has risen in five of the past six weeks. Macquarie Group slumped 3.69 per cent after regulator APRA hit it with a $100 million capital penalty for breaching requirements at its non-bank businesses.
Latest updates
Sharemarket dips but ends week higher despite risks
Australian shares have limped across the finish line but notched a second straight week of gains. Staff writers Updated November 6, 2026 — 5:02pm, first published November 6, 2026 — 5:11am Australian shares have limped across the finish line but notched a second straight week of gains, despite facing a slew of domestic and global risks. The S&P/ASX200 fell 44.3 points on Friday, down 0.49 per cent, to 9020.8, as the broader All Ordinaries lost 60.5 points, or 0.66 per cent, to 9144.7. Sharemarkets worldwide felt pressure from continued drops for companies that benefited from the boom in the artificial-intelligence technology industry. AP The top-200 was still up 1.2 one per cent since Monday and has risen for five of the past six weeks, despite the Reserve Bank hiking the official cash rate to 4.85 per cent on Tuesday, its highest level since 2008. The Australian dollar is buying 69 US cents, down from 70.09 US cents on Thursday at 5pm. Mining stocks eased from Thursday’s surge, tracking tumbling US tech stocks as traders mulled the US midterms’ likely impact on the artificial intelligence build-out that has supported 2026 stock prices and driven Wall Street’s bull market. Miners fell taking heavyweights like BHP (down 2.34 per cent), Rio Tinto (-2.03 per cent) and Fortescue (-2 per cent) lower. Gold miners also slumped, with Northern Star sliding 1.12 per cent and Evolution 2.