ASX today, Nine Entertainment up 11.64% on AGM day
Updated: 4 hours ago
Samso Market Update | Friday, 6 November 2026 | Market close 4:30pm AEDT
On the ASX today, the S&P/ASX 200 closed at 9,020.8, down 44.3 points or 0.49%, after falling as low as 8,923.3 shortly after the open (Yahoo Finance data). Wall Street's Nasdaq Composite had fallen 5.52% overnight. The All Ordinaries, which tracks the 500 largest listed companies, fell 0.66% to 9,144.7. The S&P/ASX Small Ordinaries, an index of the companies ranked 101 to 300 by size, fell 2.23% to 3,199.3. Miners led the fall, while financials and consumer staples rose.
ASX today: Key Highlights
The ASX 200 fell 0.49%, after a 2.61% rise on Thursday. It opened 1.14% lower at 8,962.2, the ABC reported, and recovered part of that fall to close at 9,020.8.
Materials was the weakest of the 11 ASX 200 sectors, down 2.51%. Consumer Staples was the strongest, up 1.41%, and Financials rose 0.55% (Yahoo Finance data).
Of the 1,471 ASX companies that traded and have a recorded market value, 355 rose, 771 fell and 345 were unchanged (Samso's count of ASX data).
Nine Entertainment Co. Holdings (ASX: NEC) rose 11.64% on the day it lodged an AGM trading update. News Corporation (ASX: NWS) fell 9.29% and James Hardie Industries (ASX: JHX) 6.22%.
The Australian dollar was at 68.90 US cents at 4:31pm AEDT, down from 70.15 US cents at 4:33pm AEDT on Thursday (Yahoo Finance data).
US tech sell-off, miners and Asian markets
The fall followed Thursday's sell-off in US technology shares. Fear of more regulation and slower spending on artificial intelligence (AI) data centres drove the steepest fall in US stocks since April 2025, the ABC reported. The Philadelphia Semiconductor Index, which tracks chip makers' shares, fell 12.25% overnight (Yahoo Finance data).
Materials and Technology were the weakest sectors at 1:22pm AEDT, the ABC reported. Concern that slower data centre construction could cut demand for copper weighed on its price, ANZ's research team said in a post carried by the ABC at 3:48pm. Among the largest miners, BHP Group (ASX: BHP) fell 2.34% to A$57.62, Rio Tinto (ASX: RIO) 2.03% to A$149.93 and Lynas Rare Earths (ASX: LYC) 4.94% to A$12.31. Goodman Group (ASX: GMG) fell 3.20% to A$27.84.
Yongxin Xu, a senior lecturer in business and economics at Monash University, told the ABC the ASX is resource-heavy and would feel only a muted hit from the tech sell-off. The fall was larger elsewhere in Asia. Japan's Nikkei 225 was down 6.14% at 4:19pm AEDT (Samso's arithmetic on Yahoo Finance data). South Korea's Kospi fell more than 8%, which set off a circuit breaker, a halt in trading. It was down 4.4% after trading resumed, the ABC reported at 2:05pm. Both markets were still trading at the ASX close.
Blue Chips (above A$1 billion)
These are Samso's size bands, set by market value at Thursday's close. They are not the same as the Small Ordinaries index. Turnover is the dollar value of shares traded. Where no announcement is named, the company lodged none with the ASX since 4:00pm on Thursday.
Nine Entertainment rose 11.64% to A$0.815, on turnover of A$9.4 million. Its AGM trading update said it now expects annualised cost savings of at least A$180 million by the end of FY27, about A$20 million above its earlier A$160 million estimate. NEXTDC (ASX: NXT) rose 5.58% to A$10.40, adding to Thursday's 50.84% rise. JPMorgan Chase & Co. and its affiliates lodged a notice saying they became a substantial holder, an investor with 5% or more of the shares, on 3 November. Amcor (ASX: AMC) rose 4.67% to A$65.01 on the day it lodged a Form 10-Q, the quarterly report US-listed companies file with the US Securities and Exchange Commission, for the three months to 30 September 2026, the first quarter of a six-month transition period as it moves its financial year-end to 31 December. QBE Insurance Group (ASX: QBE) rose 3.32% to A$26.75 and National Australia Bank (ASX: NAB) 2.67% to A$40.00.
Develop Global (ASX: DVP) fell 10.13% to A$3.55 and EQ Resources (ASX: EQR) 9.68% to A$0.28. News Corporation fell 9.29% to A$43.07 on the day it lodged its Form 10-Q and an 8-K on its annual meeting votes. Its Class B shares fell 13.24% on the Nasdaq on Thursday (Yahoo Finance data). James Hardie fell 6.22% to A$39.20 on the day it reported second-quarter sales up 24% and reaffirmed its full-year guidance, its own forecast for the year. Macquarie Group (ASX: MQG) fell 3.69% to A$248.86. Its half-year profit rose 50%, as covered in this morning's edition. The Australian Prudential Regulation Authority (APRA), which regulates banks, said it will oversee an assessment of how the group sets capital, the money held to absorb losses, for its non-bank businesses.
Mid Caps (A$500 million to A$1 billion)
Mid cap moves were mostly falls among miners. Brazilian Rare Earths (ASX: BRE) fell 11.95% to A$1.695, New Murchison Gold (ASX: NMG) 10.94% to A$0.057, Lindian Resources (ASX: LIN) 10.71% to A$0.375 and Vulcan Energy Resources (ASX: VUL) 9.72% to A$1.115. WA1 Resources (ASX: WA1) fell 9.85% to A$7.96. Its only announcement was a substantial holder notice lodged at 7:51pm on Thursday. IperionX (ASX: IPX) fell 8.68% to A$2.00. Late on Thursday afternoon, after the close, it applied to have new shares quoted, meaning listed for trading, and lodged a cleansing notice, a statement that lets those shares be sold on without a prospectus. The biggest mid cap gain was Latitude Group Holdings (ASX: LFS), up 4.22% to A$0.865 on thin turnover of about A$67,000. Its only announcement was a director's interest notice lodged at 4:27pm on Thursday.
Small Caps (A$150 million to A$500 million)
Pacific Edge (ASX: PEB) rose 15.79% to A$0.22. It said the final US Medicare coverage decision for urine tests in patients with microhaematuria, blood in the urine seen only under a microscope, covers its Cxbladder Triage and Triage Plus tests for intermediate-risk patients. The decision is scheduled to take effect on 20 December 2026. Mayne Pharma Group (ASX: MYX) rose 13.65% to A$3.08. It agreed to sell its International segment to Evaris Pharma for A$55.5 million in cash. Once the sale completes, expected in the third quarter of FY27, the company will be focused only on the United States. Beacon Minerals (ASX: BCN) rose 9.20% to A$2.73.
Mastermyne Group (ASX: MYE) fell 16.03% to A$0.55, Nova Minerals Corp (ASX: NVA) 15.00% to A$0.51, Larvotto Resources (ASX: LRV) 11.90% to A$0.74 and Unico Silver (ASX: USL) 11.48% to A$0.54. Put together, the two largest small cap gains came with company news and the largest falls came with none.
Micro Caps (below A$150 million)
Credit Clear (ASX: CCR) rose 28.57% to A$0.18, Calix (ASX: CXL) 16.28% to A$0.25 and Archer Materials (ASX: AXE) 15.62% to A$0.185. FortifAI (ASX: FTI) fell 23.44% to A$0.245. It said Kelly Herrell stepped down as chief executive, effective today, and that its commercial strategy and timetable are unchanged. Finder Energy Holdings (ASX: FDR) fell 14.89% to A$0.20.
Commodities and Currency
December gold futures were at US$4,047.40 an ounce at 4:22pm AEDT, 1.61% below Thursday's settlement of US$4,113.50, the exchange's official price for the day. December copper futures in New York were at US$6.218 a pound, 0.50% below US$6.249. January Brent crude futures were at US$99.49 a barrel, 1.22% above US$98.29, and December West Texas Intermediate, the US crude benchmark, was at US$91.27 a barrel, up 0.83% (Yahoo Finance data). Iron ore was flat at US$93.12 a tonne at 2:39pm AEDT, the ABC reported.
The Australian dollar was at 68.90 US cents at 4:31pm AEDT, 1.78% below 70.15 US cents at 4:33pm on Thursday, and at 108.68 yen (Yahoo Finance data). The only Australian Bureau of Statistics release listed for today was Births, Australia, at 11:30am AEDT. ING and AMP will pass on Tuesday's 0.25 percentage point rise in the Reserve Bank's cash rate, its benchmark interest rate, to savings customers, the ABC reported, citing Canstar.
International markets, updated 10:30pm AEDT
Japan's Nikkei 225 closed down 5.96% at 57,434.77 and South Korea's Kospi down 6.02% at 5,059.69. Taiwan's main index fell 4.51%, Hong Kong's Hang Seng 1.27% and the Shanghai Composite 1.10%. Each change is against Thursday's close (Samso's arithmetic on Yahoo Finance data).
European shares were lower at 10:10pm AEDT. London's FTSE 100 was down 2.24% at 10,541.51, Germany's DAX 2.35% at 25,707.57 and France's CAC 40 1.81% at 8,056.70 (Yahoo Finance data).
US share futures were mixed at 10:15pm AEDT. December S&P 500 futures were up 0.25% and Nasdaq 100 futures up 1.29%, while Dow futures were down 0.93%, each against Thursday's settlement (Yahoo Finance data). Futures are contracts on an index that trade before the market opens. The US October payrolls report is due at 12:30am AEDT and New York opens at 1:30am AEDT.
December gold futures were at US$4,073.30 an ounce, January Brent crude futures at US$98.51 a barrel, and the Australian dollar at 68.77 US cents at 10:15pm AEDT (Yahoo Finance data).
Samso Concluding Comments
The ASX 200 fell 0.49% on a day the Nasdaq had fallen 5.52% and Japan's Nikkei 225 was down more than 6% late in its session. Miners and smaller companies took most of the fall, with the Small Ordinaries down 2.23%, while the Financials and Consumer Staples sectors rose. Nine Entertainment had the biggest blue chip gain, on the day of its trading update, and the two largest blue chip falls, Develop Global and EQ Resources, came with no ASX announcement. The ASX next trades on Monday, after the US October payrolls report, the monthly count of jobs added, due at 12:30am AEDT on Saturday.
This morning's pre-market edition is below. Thursday's update is at ASX today, NEXTDC up 50.84%, NAB share price off 5.37%, and Wednesday's is at ASX today, Wednesday 4 November 2026.
General information only. This is not financial advice.
Samso Market Update | Friday, 6 November 2026 | Pre-market 9:45am AEDT
On the ASX today, S&P/ASX 200 futures pointed to a lower open. They were down 36 points, the ABC reported at 9:01am AEDT, about 0.4% of Thursday's ASX 200 close (Samso's arithmetic). SPI futures, also called ASX 200 futures or ASX futures, are contracts on the ASX 200 that settle against the index on a set later date. The Australian dollar was buying 69.33 US cents at 8:17am AEDT (Yahoo Finance data). Wall Street fell overnight, led by chip makers, and the Nasdaq Composite lost 5.52%, its largest one-day fall since April 2025 (Samso's arithmetic on Yahoo Finance data).
The S&P/ASX 200 closed on Thursday at 9,065.1, up 230.6 points or 2.61%. The All Ordinaries, which tracks the 500 largest listed companies, rose 2.80% to 9,205.2. The S&P/ASX Small Ordinaries, an index of the companies ranked 101 to 300 by size, rose 4.72% to 3,272.3 (Yahoo Finance data). The ASX closed before the New York session began, so Thursday's closes do not reflect Wall Street's fall.
ASX today: Key Highlights
ASX 200 futures were down 36 points, the ABC reported at 9:01am AEDT, after the ASX 200 rose 2.61% on Thursday. Any drop "is likely to be muted" because the ASX is not very tech-heavy, the ABC reported.
The Dow fell 3.44%, the S&P 500 4.36% and the Nasdaq Composite 5.52%. All three closed below their levels before Wednesday's post-election rally (Yahoo Finance data).
The Philadelphia Semiconductor Index, which tracks chip makers' shares, fell 12.25%. Micron Technology fell 17.46%, AMD 17.26% and Nvidia 9.26%.
The Bank of England raised its interest rate by a quarter point to 4%, its first rise since 2023.
January Brent crude futures rose 4.02% to US$98.42 a barrel at 8:07am AEDT. December copper futures in New York fell 3.53%.
Macquarie Group (ASX: MQG) reported half-year profit of A$2,478 million, up 50%, and APRA said it will oversee an assessment of how the group sets required capital for its non-bank businesses, after identifying a breach of its holding company authority.
James Hardie Industries (ASX: JHX) reported second-quarter sales up 24% and reaffirmed its full-year guidance. The US October payrolls report is due at 12:30am AEDT on Saturday.
Wall Street overnight
The Dow Jones Industrial Average fell 3.44%, or 1,833 points, on Thursday to 51,523.06. The S&P 500 fell 4.36% to 7,353.73 and the Nasdaq Composite fell 5.52% to 24,315.00. The Russell 2000, an index of smaller US companies, fell 4.45% to 2,729.85 (Yahoo Finance data). The Dow, S&P 500 and Nasdaq each had the largest one-day fall since April 2025. The Nasdaq finished 11.90% below its closing high of 6 October, and a fall of 10% or more from a high is called a correction (Samso's arithmetic on Yahoo Finance data).
The Philadelphia Semiconductor Index fell 12.25%, its largest one-day fall in two years of daily data (Samso's arithmetic on Yahoo Finance data). Micron Technology fell 17.46% to US$656.39, AMD 17.26% to US$404.40, Arm Holdings 13.08%, Qualcomm 9.49% and Nvidia 9.26% to US$181.60. Tesla fell 10.77%. Microsoft fell 3.58%, Meta Platforms 3.96%, Alphabet 2.20%, Amazon 2.19% and Apple 1.53%. Put together, chip makers fell far more than those five large technology companies.
Investors assessed whether Democrats' gains in Tuesday's midterm elections could slow data centre construction, CNN reported. Democratic wins raised the possibility that governments could force pauses in construction, the Associated Press reported, and any slowdown would mean fewer purchases of AI chips. Texas Governor-elect Gina Hinojosa campaigned on a temporary pause on new data centres, CNN reported. Of the 41 ballot measures on data centres voted on this week, all but one went against them, Reuters reported, citing Ballotpedia, in a report carried by the ABC. Results from Qualcomm and Arm on Wednesday night, US time, which investors generally viewed as mixed, started the fall, NBC News reported.
Samara Hammoud, an international economist at Commonwealth Bank of Australia (ASX: CBA), wrote that "we do not expect the midterm sweep to ultimately halt the broader data-centre buildout", the ABC reported. Ed Yardeni, president of Yardeni Research, told NBC News, "I don't think this is an AI bubble bursting." Nomura strategist Charlie McElligott pointed to hedge funds locking in profits before the end of the year, rather than a sudden deterioration in fundamentals, Yahoo Finance reported.
The US-listed shares of BHP Group (ASX: BHP) fell 1.95% and those of Rio Tinto (ASX: RIO) 1.66%, in US dollars. Newmont (ASX: NEM) rose 1.35% to US$119.71 and Block, Inc. (ASX: XYZ) fell 4.10% to US$84.04 in New York. Those moves run from Wednesday's New York close. At 69.33 US cents, those prices are about A$172.67 and A$121.22, below Thursday's ASX closes of A$174.39 and A$124.88 (Samso's arithmetic on Yahoo Finance data). Digital Realty fell 5.52%. With Goodman Group (ASX: GMG), it owns Ackland Investments, which NEXTDC (ASX: NXT) said it understands sought a holding of up to 9.9% of the company. NEXTDC rose 50.84% on the ASX on Thursday, before New York opened.
The Cboe Volatility Index, known as the VIX, uses S&P 500 option prices to measure the swings investors expect over the next 30 days. It closed at 27.76, up from 16.61 on Wednesday (Yahoo Finance data), so investors expect much bigger swings than they did a day earlier.
The US 10-year Treasury yield was 4.837% at 2:59pm New York time on Thursday, down 5.7 basis points from 4.894% on Wednesday (Yahoo Finance data). A Treasury is US government debt. The yield is the yearly return from buying that debt at today's price and holding it until it is repaid, and a basis point is one hundredth of a percentage point. A sharp fall in shares set off a move to safer assets, Trading Economics reported.
Japan and Asia
The Nikkei 225 closed on Thursday at 61,077.90, down 1.79% from Wednesday's close (Yahoo Finance data). Technology shares fell, with Advantest down 14.7%, while Toyota Motor rose 16.7% after raising its annual earnings forecast, Trading Economics reported. South Korea's Kospi fell 5.28% on Thursday to 5,383.80 (Yahoo Finance data). The US dollar was buying 157.75 yen at 8:17am AEDT (Yahoo Finance data). The Bank of Japan's policy rate is 1.25%, and minutes of its September meeting showed one board member saw room to raise rates faster, Trading Economics reported. Hong Kong's Hang Seng rose 3.67% to 24,796.98 on Thursday, and the Shanghai Composite rose 0.10% to 3,689.91 (Yahoo Finance data). All four markets closed before the New York session began, so none of these moves reflects Wall Street's fall.
London and Europe
London's FTSE 100 fell 0.43% on Thursday to 10,782.66. Germany's DAX fell 0.43% to 26,325.01 and France's CAC 40 rose 0.34% to 8,205.37 (Yahoo Finance data). London, Frankfurt and Paris closed about two hours into the New York session. The Bank of England voted 8 to 1 to raise Bank Rate, its main interest rate, by a quarter point to 4%, with one member favouring a larger rise, Yahoo Finance reported. The bank expects UK inflation to rise to around 5% by mid-2027, Trading Economics reported. In his opening remarks, Governor Andrew Bailey said the rise "shouldn't be seen as the first in an inevitable long sequence of hikes", and added, of the conflict in the Middle East, "But, unless the conflict is resolved, neither does it seem likely to be the last increase."
Currencies
The Australian dollar was at 69.33 US cents at 8:17am AEDT, against 70.15 US cents at 4:33pm AEDT on Thursday (Yahoo Finance data). That followed the large falls in US shares, the ABC reported. It was buying 109.33 yen at 8:17am AEDT. The US dollar index, which measures the US dollar against a basket of six major currencies, was at 101.62 at 8:07am AEDT, up from 101.51 at Wednesday's close (Yahoo Finance data).
Commodities
January Brent crude futures, the international oil benchmark, were at US$98.42 a barrel at 8:07am AEDT, up 4.02% from Wednesday's settlement of US$94.62, the exchange's official price for the day, and above US$93.82 at 4:21pm AEDT on Thursday. December West Texas Intermediate, the US benchmark, was at US$90.55, up 2.76% from US$88.12 (Yahoo Finance data). Iran is reviewing proposals sent through regional mediators, and at least five incidents involving ships have been reported in the Persian Gulf since Sunday, Trading Economics reported.
December gold futures were at US$4,096.00 an ounce at 8:07am AEDT, 0.56% above Wednesday's settlement of US$4,073.00 and below US$4,135.90 at 4:23pm AEDT on Thursday. December silver futures were at US$51.83 an ounce, 0.86% below Wednesday's settlement of US$52.28. December copper futures in New York were at US$6.202 a pound, 3.53% below Wednesday's settlement of US$6.429 and below US$6.412 at 4:23pm AEDT on Thursday (Yahoo Finance data). All of these futures prices were taken after Thursday's settlement. Concern over regulation of AI data centres raised doubts about future copper demand, Trading Economics reported.
Iron ore was last at US$93.75 a tonne, up 0.7%, in the ABC's market snapshot at about 7:30am AEDT.
Australian company and Reserve Bank news
Macquarie Group reported net profit of A$2,478 million for the half year to 30 September 2026, up 50% on a year earlier and down 22% on the previous half. Morgan Stanley had forecast A$2.14 billion, Motley Fool Australia reported. The asset management result included a gain on the sale of Macquarie AirFinance. Commodities and Global Markets contributed A$2,034 million, up 83%, and Macquarie Capital A$278 million, down 61%. The interim dividend is A$3.25 a share, 35% franked, up from A$2.80, and the shares go ex-dividend on 11 November. It was the last result for chief executive Shemara Wikramanayake before she retires, and Greg Ward, chief executive designate, said the group keeps a cautious stance.
The Australian Prudential Regulation Authority, the banking regulator, said on Friday that it will oversee a full assessment of how Macquarie Group determines the capital required for its non-bank businesses. It identified a breach of the group's Non-Operating Holding Company authority, the approval to run as a holding company above a bank. APRA said the group had miscalculated that capital in a breach dating back to 2019, and that the overall financial stability of the group, including the bank, was not undermined at any point. APRA said Macquarie has addressed the understatement, and a A$100 million governance overlay, an added capital requirement, has been put in place, on top of a A$500 million overlay APRA applied to Macquarie Bank in 2021. APRA acknowledged Macquarie's cooperation, called the breach a serious failure in governance and assurance, and said it may consider further action subject to the findings.
Qantas Airways (ASX: QAN) told the ASX that trading is in line with its August outlook, despite elevated fuel prices. It expects first-half fuel costs of approximately A$3.75 billion and is approximately 85% hedged for FY27. It expects FY27 net capital expenditure at the lower end of its A$4.3 billion to A$4.6 billion range.
James Hardie Industries lodged its second-quarter result at 8:12am AEDT. Net sales from continuing operations rose 24% to US$1.428 billion, at the high end of its guidance, and its adjusted EBITDA margin rose 4.5 percentage points to 31.8%, above its guidance. It reaffirmed full-year sales and adjusted EBITDA guidance and raised its free cash flow target to more than US$650 million. It expects adjusted EBITDA to be lower in the third quarter and second half, citing seasonality, freight costs and the weaker economic environment.
Reserve Bank deputy governor Andrew Hauser said on Thursday evening that an RBA survey found trust in its near-term ability to meet its objectives has "fallen materially", while overall trust remains high and stable, the ABC reported.
Today's diary
All times AEDT.
11:30am. The Australian Bureau of Statistics' Births, Australia, for 2025. No other major Australian economic release is listed for today.
Saturday, 12:30am. The US October payrolls report. Economists expect 65,000 jobs added, after 29,000 in September, and an unemployment rate of 4.2%. First-time jobless claims matched July's 57-year low, Trading Economics reported.
Monday, 9:30am. Reserve Bank assistant governor Sarah Hunter speaks at the UBS Australasia Conference in Sydney.
Samso Concluding Comments
Wall Street's post-election rally, which helped lift Australian shares on Thursday, has reversed, with chip makers leading the fall. The reasons reported are concern about limits on data centre construction, results from Qualcomm and Arm, and hedge funds locking in profits. Any drop on the ASX "is likely to be muted" because the market is not very tech-heavy, the ABC reported, although copper and BHP's US-listed shares also fell. Samso will watch how Australian technology and data centre shares open, including NEXTDC after Thursday's jump, how miners respond to the fall in copper, and how Macquarie Group's shares respond to its result and the APRA assessment. The US payrolls report comes after the ASX close.
Thursday's update is at ASX today, NEXTDC up 50.84%, NAB share price off 5.37%, and Wednesday's edition is at ASX today, ASX futures lower, US midterm count ahead.
General information only. This is not financial advice.
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