Australian Stock Market closes lower with key indices seeing a drop: Greatland Resources gains big, Metcash plunges; check top gainers and losers

The Australian Stock Market closed lower on Monday (December 1, 2025), with the S&P/ASX witnessing a decline of 48.90 points, or 0.57%, to 8,565.20. According to the ASX website, the bottom-performing stocks in this index were AUB Group Limited and Metcash Limited, down 17.77% and 9.19%, respectively. Over the last five days, the index has gained 0.47% and 4.98% year to date.

ASX: How did other key indices perform?

The S&P/ASX 20 opened at 4663.10 and closed slightly lower at 4651.70, marking a 0.2% decline by the end of the session. The broader market also softened, with the S&P/ASX 50 slipping from 8201.20 at the open to 8164.30 at the close, a fall of 0.5%.


A similar trend was seen in the S&P/ASX 100, which eased 0.5%, moving from an opening level of 7154.20 to finish at 7115.30. The S&P/ASX 300 recorded the biggest drop among the listed indices, declining 0.6% after opening at 8574.50 and closing at 8525.30.

ASX: Top gainers and losers

Among the top performers on the S&P/ASX 200, Greatland Resources Limited (GGP) led the gains, with its last price at $8.320, up $0.770, or 10.198%. Tuas Limited (TUA) followed, closing at $6.800 after a rise of $0.320, or 4.938%.

Capstone Copper Corp. (CSC) also strengthened, finishing at $13.760, an increase of $0.570, or 4.321%. West African Resources Limited (WAF) recorded a gain as well, ending at $2.930, up $0.120, or 4.270%. Rounding out the top five, Fletcher Building Limited (FBU) closed at $3.030, improving by $0.100, or 3.413%.

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On the decline side, AUB Group Limited (AUB) posted the steepest fall, with its last price at $30.630, down $6.620 or 17.772%. Metcash Limited (MTS) dropped to $3.360, losing $0.340, or 9.190%. Digico Infrastructure REIT (DGT) slipped to $2.570, a decline of $0.230, or 8.215%. Temple & Webster Group Ltd (TPW) fell to $14.390, down $1.130 or 7.281%. Completing the list of top declines, HMC Capital Limited (HMC) closed at $3.600, a decrease of $0.270, or 6.977%.