Quantmatix Report
Focus: Australia
Market Close: Fri, 09 January 2026
Weekly Insights
At market close on Friday, Australian markets displayed a mixed performance, with major indices showing minimal movement amid selective sector rotation. Risk appetite appeared balanced, as defensive areas held steady while cyclicals exhibited varied momentum across the week.
Rio Tinto shares tumbled over 6% after confirming preliminary merger talks with Glencore, which could create the world's largest mining company. This weighed heavily on the mining sector and contributed to the market's weakness.
Codan Ltd surged 17% following a strong profit upgrade, making it the top gainer. Other notable risers included energy stocks amid oil price movements, and select names like James Hardie and Eagers Automotive.
Trading was described as quiet and uninspiring, with low volatility typical of early-year sessions. Materials had provided support earlier in the week, but offset by weakness in financials and other areas.
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Market Movements
Australian equity markets traded essentially flat across the last trading day, with the S&P/ASX 300 and S&P/ASX 50 indices registering negligible declines. Sector performance showed gains in consumer discretionary and energy, offsetting weakness in information technology and utilities. Individual stocks reflected this divergence, as select materials and technology names advanced notably while mining leaders faced pressure. Week-to-date, industrials and materials sectors led with robust gains, underscoring rotation toward cyclicals. Broader momentum suggested underlying resilience despite daily caution.
Top Sector Gainers (1-Day)
|
1D |
WTD |
|
Consumer Discretionary
|
+0.96%
|
+1.1%
|
|
Energy
|
+0.66%
|
+1.6%
|
|
Consumer Staples
|
+0.52%
|
+0.88%
|
* equal-weighted
|
Top Sector Losers (1-Day)
|
1D |
WTD |
|
Information Technology
|
-0.42%
|
+0.31%
|
|
Utilities
|
-0.40%
|
-0.72%
|
|
Industrials
|
-0.30%
|
+5.1%
|
* equal-weighted
|
Quantmatix Success Stories
-
Lotus Resources Limited (LOT:XASX)
| 16.2% profit following a Medium-Term Reversal on Fri, 02 Jan.
-
Chalice Mining Limited (CHN:XASX)
| 12.1% profit following a Medium-Term Reversal on Fri, 02 Jan.
-
NexGen Energy Ltd. (NXG:XASX)
| 11.1% profit following a Medium-Term Reversal on Fri, 02 Jan.
-
SOUTH32 LTD (S32:XASX)
| 8.5% profit following a Short-Term Reversal on Fri, 02 Jan.
-
Lifestyle Communities Limited (LIC:XASX)
| 7.2% profit following a Short-Term Top Quantmatix on Mon, 05 Jan.
-
Silex Systems Limited (SLX:XASX)
| 6.2% profit following a Short-Term Reversal on Wed, 07 Jan.
-
Capstone Copper Corp. (CSC:XASX)
| 5.7% profit following a Short-Term Reversal on Wed, 07 Jan.
-
Champion Iron Limited (CIA:XASX)
| 5.6% profit following a Short-Term Reversal on Fri, 02 Jan.
-
Bannerman Energy Ltd (BMN:XASX)
| 4.7% profit following a Medium-Term Reversal on Fri, 02 Jan.
-
COMMONW BK AUSTR (CBA:XASX)
| 4.6% profit following a Short-Term Reversal on Mon, 05 Jan.
Disclaimer: These insights are generated using AI and are provided for informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any security. The content may be incomplete or contain errors and should not be relied upon for investment decisions. Always consult a qualified financial adviser before making financial choices.
