ASX:BEE 17 June 2026

Oil drop hits Santos as rest of ASX pushes higher

Oil drop hits Santos as rest of ASX pushes higher

Santos Limited will start Thursday’s Australian trade lower after shares ended at A$7.36 on Wednesday, off 1.21%. The session saw a wider market move out of energy stocks. ASX’s regular hours—09:59:45 to 16:00 in Sydney—were still to come at the time. S&P/ASX 200 closed 0.5% higher at 8,966, touching a 20-day high, but that masked a rough session for energy stocks. Energy dropped 2.2% and was the day’s weakest group. Tech, materials and consumer discretionary shares did most of the work.
June 17, 2026
ASX 200 edges up as tech, miners gain while energy lags

ASX 200 edges up as tech, miners gain while energy lags

Sydney stocks advanced Wednesday, the S&P/ASX 200 adding 0.5% to close at 8,966. Gains in tech and miners drove the move, putting the index at its highest close in 20 days, even as energy shares dropped after oil fell on hopes the Strait of Hormuz could reopen. By the end, 141 names were up and 55 down. The cash market wasn’t open when this published; ASX’s normal trading is 09:59:45 to 16:00 in Sydney. So Wednesday’s close is the last full session before Thursday’s start, and that’s key as investors weigh sliding oil, a Reserve Bank of Australia that’s still hawkish, and the looming U.S. Fed decision.
June 17, 2026