ASX today, gold miners down 3.59%, G8 Education up 90%

Samso Market Update | Thursday, 12 November 2026 | Market close 4:30pm AEDT

On the ASX today, the S&P/ASX 200 closed at 9,146.8, down 6.4 points or 0.07%. Gold miners fell and the banks rose. The S&P/ASX All Ordinaries Gold index, which tracks the listed gold miners, fell 3.59%. The S&P/ASX 200 Financials index rose 1.10%. The All Ordinaries, which tracks the 500 largest listed companies, fell 0.18% to 9,274.2. The S&P/ASX Small Ordinaries, an index of the companies ranked 101 to 300 by size, fell 0.99% to 3,289.1 (Yahoo Finance data, index values at 4:13pm AEDT, after the closing auction).

ASX today: Key Highlights

• The S&P/ASX 200 fell 0.07% to 9,146.8. Materials, which holds the miners, was the weakest of the 11 sectors, down 2.08%. Financials was the strongest, up 1.10%.

• Of the 1,428 companies that traded and have a market value on the ASX, 448 rose, 633 fell and 347 were unchanged (Samso count from ASX data).

• Evolution Mining (ASX: EVN) fell 4.21% and Northern Star Resources (ASX: NST) fell 2.24%. Commonwealth Bank (ASX: CBA) rose 2.89% and Westpac (ASX: WBC) rose 1.93%.

• G8 Education (ASX: GEM) rose 90.00% to A$0.19 on the day it said it had received a non-binding proposal from Majority Capital Partners at A$0.26 a share.

• Xero (ASX: XRO) rose 6.08% on the day of its half-year result and A$1 billion buy-back. Domino's Pizza Enterprises (ASX: DMP) rose 12.93% the day after it lodged its annual meeting address.

• Capability X (ASX: CX8) closed its first day of trading at A$0.29, 45% above its A$0.20 issue price.

Miners down, banks up

The S&P/ASX 200 Materials index fell 2.08% and the S&P/ASX All Ordinaries Gold index fell 3.59%. Financials rose 1.10%. Health Care rose 0.61% and A-REITs, the property trusts, rose 0.62% (Yahoo Finance data). Among the large miners, Rio Tinto (ASX: RIO) fell 2.14%, Fortescue (ASX: FMG) fell 2.40% and BHP Group (ASX: BHP) fell 1.29% on the day it named Adrian Wood as its next chief financial officer.

The index was down 0.5% at 9,110.9 at 11:51am AEDT, ShareCafe reported. It said the market was tracking a fall in US share futures after reports, which it called unconfirmed, that the board of Nvidia could remove chief executive Jensen Huang. ShareCafe said a sell-off in mining shares drove the morning fall. The ABC reported at 11:54am that Nvidia shares fell more than 8% in after-hours trade in New York, and at 12:02pm that Nasdaq futures were down 1%. The ASX 200 recovered most of its morning fall in the afternoon. None of the reports Samso read gave a reason for the recovery.

Commonwealth Bank rose 2.89% to A$171.76, on the day it said ASIC, the corporate regulator, had begun civil proceedings against it over how it disclosed part of a 25-cent fee on its CommBiz business banking platform. The bank said it had already paid back affected customers. Westpac rose 1.93% to A$38.01 and National Australia Bank (ASX: NAB) rose 0.54%. ANZ (ASX: ANZ) fell 0.95%. The chief executives of ANZ and Westpac appeared before the House of Representatives economics committee today, the ABC reported.

The Australian Prudential Regulation Authority (APRA), which supervises banks and insurers, published its risk outlook for the financial system. "Markets remain orderly, but a rapid and substantial further rise in yields could trigger a disorderly adjustment," APRA said, the ABC reported at 12:57pm.

Blue Chips (above A$1 billion)

These are Samso's size bands, measured by market value at Wednesday's close. "Small caps" here is not the S&P/ASX Small Ordinaries index.

Domino's Pizza Enterprises rose 12.93% to A$25.06 on turnover of A$45.8 million. It lodged its annual meeting address at 3:56pm on Wednesday, four minutes before normal trading ended, and its meeting results after the close. In the address it said group same-store sales were down 2.1% in the first six weeks of the second quarter. They were down 5.5% in the first quarter. Australia and the Netherlands were up on last year in the second quarter to date, it said.

Xero rose 6.08% to A$75.17 on turnover of A$166.0 million. Before the open it raised its revenue outlook for the year to 31 March 2027 to NZ$3.77 billion to NZ$3.83 billion, and announced an on-market buy-back of up to A$1 billion. The Motley Fool reported the shares up around 12% in morning trade.

AUB Group (ASX: AUB), the insurance broker, rose 5.05% to A$32.04. In its annual meeting address it raised the bottom of its guidance for underlying net profit after tax for the 2027 financial year, to A$250 million to A$265 million. Orica (ASX: ORI), the explosives company, rose 4.47% to A$23.82 on turnover of A$102.6 million, on the day of its full-year result. It reported net profit after tax before significant items up 9% to A$589.7 million.

GQG Partners (ASX: GQG) fell 8.97% to A$0.71, after a 19.59% fall on Wednesday, the day it reported its October funds under management. It has lodged no ASX announcement since 4pm on Wednesday.

Minerals 260 (ASX: MI6) fell 8.52% to A$0.805 on the day it said the Western Australian government had granted the works approval for its Bullabulling gold project, a licence to build the processing plant, power and tailings storage. PLS Group (ASX: PLS) fell 8.06% to A$2.85 on turnover of A$97.6 million, and Liontown (ASX: LTR) fell 6.99% to A$0.665. Both are lithium producers. PLS's only ASX announcements since 4pm on Wednesday were substantial holding notices. Liontown lodged none.

Sunrise Energy Metals (ASX: SRL) fell 6.93% to A$13.03 on the day of its annual meeting, and PDI Gold (ASX: PDI) fell 6.46% to A$4.63 with no ASX announcement since 4pm on Wednesday. Aristocrat Leisure (ASX: ALL) fell 1.32% to A$65.02 on turnover of A$225.8 million, on the day it lodged its full-year result and announced a chief executive transition.

Mid Caps (A$500 million to A$1 billion)

Clarity Pharmaceuticals (ASX: CU6) rose 23.49% to A$2.05 on turnover of A$23.0 million. At 10:17am it said the US Food and Drug Administration had granted Breakthrough Therapy designation to its copper-64 prostate cancer imaging agent. The designation is meant to speed up development and review. Clarity said results from its two Phase III trials, the final stage of testing before approval, are expected in the first half of 2027. Samso covered Clarity in Theranostics on the ASX.

Aura Consolidated Group (ASX: AXQ) fell 18.35% to A$3.07 on the day it reported its third-quarter result. It reported revenue up 24% to US$87.9 million, and kept its full-year outlook for annual recurring revenue growth of 20% or more.

Boss Energy (ASX: BOE) fell 9.39% to A$1.495 and Deep Yellow (ASX: DYL) fell 7.39% to A$0.815. Both are uranium companies. Since 4pm on Wednesday, Boss has lodged only substantial holding notices and Deep Yellow has lodged none. Elevra Lithium (ASX: ELV) fell 8.35% to A$3.73. Its only announcement was a change of director's interest notice.

Brightstar Resources (ASX: BTR) fell 7.43% to A$0.685 on the day it reported drilling results from its Two Mile Hill deposit near Sandstone. The best hole returned 305 metres, a downhole length, at 2.66 grams of gold a tonne from 503 metres down the hole. Samso reviewed Brightstar in a three-part research workup.

Small Caps (A$150 million to A$500 million)

Acrow (ASX: ACF), which hires out formwork and scaffolding, rose 16.30% to A$1.07 on turnover of A$7.6 million. After Wednesday's close it raised its revenue guidance for the 2027 financial year to A$440 million to A$470 million, from A$410 million to A$430 million. It gave first-time guidance for net profit after tax of A$44 million to A$52 million.

Metallium (ASX: MTM) fell 11.11% to A$0.24, Ioneer (ASX: INR) fell 10.20% to A$0.088, Adairs (ASX: ADH) fell 9.31% to A$1.315 and Omega Oil & Gas (ASX: OMA) fell 9.15% to A$0.695. None has lodged an ASX announcement since 4pm on Wednesday.

Capability X closed at A$0.29 on its first day, 45% above its A$0.20 issue price. It raised A$12 million in the float. It is not in the bands because the ASX has no previous close for it. Samso reviewed the float in Capability X IPO review.

Micro Caps (below A$150 million)

G8 Education rose 90.00% to A$0.19 on turnover of A$4.0 million. Before the open it said Majority Capital Partners had made a non-binding proposal to buy all its shares at A$0.26 each by a scheme of arrangement, a court-approved takeover that needs shareholder approval. G8 said the price is a 160% premium to Wednesday's close of A$0.100. G8 has given Majority Capital up to six weeks of exclusivity for due diligence, which can be extended by five business days. G8 said there is no certainty of a transaction. On Samso's arithmetic, the shares closed 26.9% below the proposed price.

White Cliff Minerals (ASX: WCN) rose 9.90% to A$0.555 on the day it reported copper sulphides, logged by eye and not yet assayed, to 521 metres down the hole at Danvers 1, part of its Rae copper project in Canada.

Auric Mining (ASX: AWJ) fell 18.37% to A$0.20 on the day it announced a A$17 million placement at A$0.185 a share. Western Ridge Resources (ASX: WRX) fell 25.81% to A$0.046 on turnover of A$0.17 million, on the day it reported silver drilling results.

Commodities and Currency

The Australian dollar was buying 68.36 US cents in the half hour after 4:30pm AEDT, down from 68.78 US cents at the same time on Wednesday (Yahoo Finance data).

The futures prices below were taken at 4:23pm AEDT. Each price is compared with Wednesday's settlement, the exchange's official end-of-day price (Yahoo Finance data). December gold futures were at US$3,977.10 an ounce, down 0.58% from US$4,000.50. Brent crude futures were at US$91.80 a barrel, down 1.03% from US$92.76. December West Texas Intermediate crude futures were at US$85.71, down 0.95% from US$86.53.

Iron ore was at US$92.00 a tonne, down 0.6%, in the ABC's market snapshots during the day. Copper is left out today because two Yahoo Finance readings of its previous close did not agree.

Samso Concluding Comments

The ASX 200 closed 0.07% lower at 9,146.8. It had been down 0.5% at 11:51am. Gold miners fell 3.59% and Financials rose 1.10%, led by Commonwealth Bank and Westpac. ShareCafe linked the morning fall to US share futures and reports about Nvidia's leadership. On Friday the chief executives of NAB and Commonwealth Bank appear before the parliamentary committee, the ABC reported.

This morning's pre-market update is below. Wednesday's update is at ASX today, GQG down 19.59%, IDP Education up 16.29%.

General information only. This is not financial advice.

Samso Market Update | Thursday, 12 November 2026 | Pre-market 9:45am AEDT

On the ASX today, S&P/ASX 200 futures were down 0.5% at 9,148 at around 7:10am AEDT, the ABC reported. ASX 200 futures, also called SPI futures, trade at their own price, which can sit above or below the index. The 0.5% fall is measured from the futures contract's previous close, so 9,148 cannot be compared directly with Wednesday's index close of 9,153.2. Futures point to how the market may open but do not decide it. The Australian dollar was buying 68.50 US cents at 8:05am AEDT (Yahoo Finance data). On Wall Street, the Nasdaq Composite rose 1.60% and CoreWeave, which rents out computing power for artificial intelligence (AI), gained 24.71% (Yahoo Finance data). Trading Economics linked the gains to CoreWeave's results.

The S&P/ASX 200 closed on Wednesday at 9,153.2, up 24.2 points or 0.27%. The All Ordinaries, which tracks the 500 largest listed companies, rose 0.25% to 9,291.3. The S&P/ASX Small Ordinaries, an index of the companies ranked 101 to 300 by size, rose 0.52% to 3,322.1 (Yahoo Finance data).

ASX today: Key Highlights

• ASX 200 futures were down 0.5% at 9,148 at around 7:10am AEDT, the ABC reported.

• The S&P 500 rose 1.31% and the Nasdaq Composite 1.60%. CoreWeave rose 24.71% and the Philadelphia Semiconductor Index 5.66% (Yahoo Finance data).

• The US dollar index rose 0.67%, and the Australian dollar fell to 68.50 US cents. Trading Economics said the US dollar reached its highest level since April 2025.

• December gold futures fell 0.92% to US$3,993.20 an ounce. January Brent crude rose 1.08% to US$92.48 a barrel.

• Xero (ASX: XRO) raised its revenue outlook for the year to 31 March 2027 and announced an on-market share buy-back of up to A$1 billion. Net profit after tax for the half fell 86%.

• The chief executives of ANZ and Westpac appear before a parliamentary committee today, the ABC reported.

Wall Street overnight

The Dow Jones Industrial Average rose 0.49%, or 254.6 points, on Wednesday to 52,486.49. The S&P 500 rose 1.31% to 7,619.38 and the Nasdaq Composite rose 1.60% to 25,466.19. These are closing prices at 8:06am AEDT (Yahoo Finance data). The S&P 500 had fallen 0.38% on Tuesday. The Russell 2000, an index of smaller US companies, was up 0.90% at 2,846.65 at 7:57am AEDT, three minutes before the US close, the latest reading available (Yahoo Finance data).

CoreWeave closed at US$60.77, up 24.71% from US$48.73. Trading Economics said its "strong results" led investors to reconsider their doubts about AI-related shares. It said the company reported strong sales growth and raised its guidance. Trading Economics also cited reports that Anthropic, an AI company, could begin trading on the stock market as soon as next week.

Chip makers also rose. The Philadelphia Semiconductor Index, which tracks chip makers' shares, rose 5.66% to 10,564.11. AMD rose 7.32% to US$552.90 and Nvidia rose 2.87% to US$173.73 (Yahoo Finance data).

SIFMA, the US securities industry body, recommended a full close of the US government bond market on Wednesday for Veterans Day. The share market stayed open. With the bond market shut, there was no official Wednesday close for the US 10-year Treasury yield. The ABC listed it at 5.00% at around 7:10am AEDT, and Trading Economics said it had ended Tuesday at 4.99%. 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. When yields rise, bond prices fall.

US consumer prices rose 0.4% in October, above the 0.3% expected, Trading Economics reported. Traders raised their bets on a Federal Reserve rate rise in December after the figures, Trading Economics reported. It said Fed Governor Christopher Waller had suggested that persistent core inflation could warrant a rise of half a percentage point as early as December.

In US dollar terms, the New York-listed American depositary shares of BHP Group (ASX: BHP) rose 1.15% and those of Rio Tinto plc, the London-listed arm of Rio Tinto (ASX: RIO), rose 0.50% (Yahoo Finance data).

Japan and Asia

The Nikkei 225 closed on Wednesday at 61,248.59, up 1.31% from Tuesday's close (Samso's arithmetic on Yahoo Finance data). Technology and AI-related shares led the rise, Trading Economics reported. Hong Kong's Hang Seng fell 0.98% and the Shanghai Composite rose 0.46% (Samso's arithmetic on Yahoo Finance data).

London and Europe

London's FTSE 100 rose 0.78% on Wednesday to 10,835.47. Germany's DAX rose 1.20% and France's CAC 40 rose 0.66% (Yahoo Finance data). Oil companies, miners and banks lifted the FTSE, Trading Economics reported.

Currencies

The Australian dollar was at 68.50 US cents at 8:05am AEDT, down 0.41% from 68.78 US cents in the half hour after 4:30pm AEDT on Wednesday (Yahoo Finance data). The US dollar was buying 159.88 yen at 8:06am AEDT, up from 158.73 yen in the half hour after 8:00am AEDT on Wednesday (Yahoo Finance 30-minute data). The US dollar index, which measures the US dollar against a basket of six major currencies, was at 102.92 late on Wednesday, New York time, up 0.67% from Tuesday's close of 102.23 (Yahoo Finance data). Trading Economics said the US dollar reached its highest level since April 2025, supported by the US inflation figures and comments from Federal Reserve officials.

Commodities

The futures prices below were taken in trading after Wednesday's settlement. Settlement is the exchange's official end-of-day price. Each price is compared with Tuesday's settlement for the same contract month (Yahoo Finance data).

December gold futures were at US$3,993.20 an ounce, 0.92% below Tuesday's US$4,030.20. Trading Economics said the stronger US dollar and expectations of higher US interest rates weighed on gold. December silver futures were at US$51.75 an ounce, up 1.27% from US$51.10.

December copper futures in New York were at US$6.268 a pound, up 0.78% from US$6.220.

January Brent crude futures, the international oil benchmark, were at US$92.48 a barrel, up 1.08% from Tuesday's US$91.49. December West Texas Intermediate, the US benchmark, was at US$86.35, up 0.36% from US$86.04. Brent rebounded from a 10-week low, Trading Economics reported, citing tension in the Middle East.

Iron ore was down 0.6% at US$92.00 a tonne at around 7:10am AEDT, the ABC reported.

Australian company news

Xero released its results for the six months to 30 September at 7:44am AEDT. Revenue rose 46% to NZ$1.7 billion, helped by the inclusion of the payments business Melio, which it bought in the 2026 financial year. On a pro-forma basis, which adds Melio to the year-earlier half, revenue rose 27%. Net profit after tax fell 86% to NZ$18.5 million, which Xero said was affected by a full six months of Melio, a loss-making business. Adjusted EBITDA, which leaves out one-off and non-cash items, rose 3% to NZ$362 million. Customers rose 12% to 5.1 million.

Xero now expects revenue for the year to 31 March 2027 of NZ$3.77 billion to NZ$3.83 billion, up from NZ$3.62 billion to NZ$3.73 billion. It said the upgrade largely reflects stronger Melio payments performance and a weaker New Zealand dollar. The board approved an on-market buy-back of up to A$1 billion over 12 months, expected to start on or after 13 November. Part of it is intended to offset dilution from share-based pay expected in the 2028 financial year. Chief executive Sukhinder Singh Cassidy said the buy-back "demonstrates our long-term conviction in Xero" and that "current market valuations do not fully reflect Xero's long-term value and growth potential". In a separate release at 7:50am AEDT, Xero said chief financial officer Claire Bramley will leave to take up a role with another global organisation, and will remain as chief financial officer until 31 January 2027.

Orica (ASX: ORI), the explosives and mining chemicals company, released its results for the year to 30 September from 8:03am AEDT. Net profit after tax before significant items rose 9% to A$589.7 million. Statutory net profit after tax was A$264.2 million, which includes A$325.5 million of significant items after tax. The final dividend is 35.5 cents a share, taking the full-year dividend to 64.0 cents, up 12%.

Market-sensitive releases lodged between 8:20am and 8:36am AEDT included these. Aristocrat Leisure (ASX: ALL) lodged "FY26 Results Announcement" and "CEO Leadership Transition". Inghams Group (ASX: ING) lodged "FY27 Trading Update", and Computershare (ASX: CPU) lodged "2026 AGM presentations and proxy summary". Samso has not reviewed the content of these releases.

Vault Minerals (ASX: VAU) shareholders approved its acquisition by Genesis Minerals (ASX: GMD) on Wednesday. The deal is a scheme of arrangement, a court-approved takeover that needs shareholder approval. The court hearing is on Monday 16 November, and if the court approves, Tuesday 17 November would be Vault's last day of trading. S&P Dow Jones Indices said Dicker Data (ASX: DDR) will replace Vault in the S&P/ASX 200 before the open on Wednesday 18 November, subject to final court approval.

Diary

All times AEDT.

• Today, 9:15am. The House of Representatives economics committee begins two days of hearings with the chief executives of the big four banks, questioning ANZ this morning and Westpac this afternoon, the ABC reported. NAB and Commonwealth Bank follow on Friday.

• Today, 10:00am. Xero results webcast, and GrainCorp (ASX: GNC) briefing on its 2026 results.

• Today, 11:30am. Australian Bureau of Statistics overseas arrivals and departures for September.

• Today, 12:00pm. Capability X (ASX: CX8) is due to begin trading after raising A$12 million at A$0.20 a share, the ASX listings page shows.

Samso Concluding Comments

Wall Street rose on Wednesday, and Trading Economics linked the gains to CoreWeave's results. Chip makers also rose. The ABC's live blog had given no reason for the lower ASX 200 futures by 8:08am AEDT. Samso will watch technology shares after the US chip rally and Xero's result, gold miners after the fall in gold, the banks as their chief executives appear before the parliamentary committee, and the Australian dollar after US inflation lifted bets on a Federal Reserve rate rise.

Wednesday's update is at ASX today, GQG down 19.59%, IDP Education up 16.29%, and Tuesday's is at ASX today, Monadelphous up 15.30%, Life360 down 15.32%.

General information only. This is not financial advice.