ASX:PRU 9 June 2026

ASX ends week slightly down, but credit and resource sectors under pressure

ASX ends week slightly down, but credit and resource sectors under pressure

S&P/ASX 200 closed 15.5 points higher at 8,764.2 on Friday, up 0.18%. But the index still fell 64.5 points, or 0.73%, for the week. Friday’s lift made back less than a quarter of the week’s decline. Materials is coming off six straight down days, dropping 9.8% before a rebound on Friday, Market Index said. Energy slid 12% in the 10 sessions since June 11. All the leading early risers on the ASX 200 Friday were gold miners. Tech, defence and lithium names traded lower.
June 27, 2026
Perseus Mining Shares Drop 4% After Buyback

Perseus Mining Shares Drop 4% After Buyback

Perseus Mining Ltd dropped 4.2% to finish at A$4.80 in Sydney after its buy-back update didn’t lift sentiment in a flat session for gold miners. Shares touched A$4.43 during the day before paring losses late. Trading volume hit 8.62 million shares, well above normal levels. Perseus shares lagged the broader Australian market on Tuesday, with the S&P/ASX 200 down 0.24%. The miner continued its share buyback, which can shore up per-share earnings by cutting share count. But that doesn't always support the stock when commodity prices are weak.
June 9, 2026