Focus: Australia

Focus: Australia

Market Close: Fri, 13 February 2026

Weekly Insights

Australian equities retreated sharply on Friday, 13 February 2026, with the ASX 300 pulling back from near-record highs as AI-driven weakness on Wall Street sparked broad selling across technology and healthcare. Heavy declines in Cochlear and WiseTech weighed on the index, offsetting relative strength in utilities, financials, and materials.

On a week-to-date basis, utilities outperformed as investors rotated toward defensive exposure, while healthcare and consumer discretionary lagged, reflecting reduced appetite for cyclicals. Materials also advanced, supported by firmer commodity dynamics. The late-session reversal underscores persistent volatility across the local market.

The rotation signals a more defensive tilt amid mixed economic signals, favouring stability in resilient sectors while warranting caution in areas exhibiting sustained weakness.

Swing Trading Ideas (1–4 Weeks) - TEVO Methodology

There are no swing trading opportunities to report today. The TEVO methodology applies rigorous filtering criteria to identify only the highest-probability setups, and current market conditions have not produced candidates meeting these thresholds. This is a normal occurrence that reflects the system's commitment to quality over quantity.

Market Movements

Market Snapshot

Equities

1D WTD S&P/ASX 50 INDEX -1.1% +2.9% S&P/ASX 300 -1.4% +2.3%
Focus: ASX 300

Top Gainers (WTD)

 Predictive Discovery Limited -3.3% +18.8% Ora Banda Mining Limited -2.7% +16.9% Agl Energy Limited +2.6% +16.4%

Top Losers (WTD)

 Temple & Webster Group Ltd -0.5% -31.5% G8 Education Limited -4.2% -28.1% Pro Medicus Ltd -8.4% -25.0%

Sectors (Equal-Weighted)

1D (%)
Utilities
-1.2% Financials -1.6% Communicatio -1.8% Materials -2.6% Industrials Energy Consumer Dis -3.5% Health Care -3.7% Information -5.3%

Ranked by 1-day change

+2.0% Real Estate -0.39% Consumer Sta
Key ▲ Medium-T DR ★ Medium-T TopQ ▲ Pending Medium-T DR ★ Pending Medium-T TopQ

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.