ASX Faces Volatile Tuesday Reopen After Long Weekend as Banks and Miners Watch Wall Street
The S&P/ASX 200 fell 0.7% to 8,625.10 on Friday, closing the week down 1.2% as banks and miners dragged the index lower. BHP, Rio Tinto, and Fortescue all declined alongside iron ore futures, while healthcare stocks rose. ASX trading resumes Tuesday after the King’s Birthday holiday. Megaport announced four AI infrastructure deals worth A$458.9 million and an A$827.3 million equity raising.