The ASX Today: Oz market down again – ASX 200 falls for fifth straight day

I’m Colin Sandell-Hay

The S&P/ASX 200 was lower again today, dropping 20.10 points or 0.23% to 8,766.40 and crossing below its 125-day moving average.

Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.

The index has lost 2.09% for the last five days, but is virtually unchanged year to date.

The market saw weakness across sectors such as energy and utilities with mixed quarterly report news weighing on performance.

There was also no doubt the market was a lot slower than a normal Monday due to half the nation having the day off to commemorate the Anzacs.

Unfortunately, the ASX didn’t follow the lead of the S&P 500 and the Nasdaq 100 which set new record highs last week despite the ongoing issues related to the Middle East crisis and its impact on the resource sector.

Gainers today included

Atlas Arteria (ASX: ALX) after the toll road business specialist received an unsolicited $6.95 billion takeover offer from IFM;

Newmont (ASX: NEW) was up 6.9% after reporting record quarterly earnings and free cash flow for the first quarter of 2026;

Megaport (ASX: MP1) which landed a three-year, $35.4 million compute contract; and

Vulcan Energy (ASX: VUL) which jumped on news it had broken ground at the Lionheart lithium chemicals facility.

Decliners today included Origin Energy (ASX: ORG) which announced lower March production and realised LNG prices compared to the prior quarter;

That’s the ASX Today, and I’m Colin Sandell-Hay. See you in the morning.

Join the discussion: See what Hot Copper users are saying and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.