Australian Stock Market declines: Banking stock lead ASX 200 decline, Light & Wonder gains big; check top gainers and losers

The Australian Stock Exchange closed on the lower side on Tuesday (November 11, 2025) with the S&P/ASX 200 dropping 17.10 points or 0.19% to 8,818.80. According to the ASX website, the bottom performing stocks in this index were Bendigo and Adelaide Bank limited and Commonwealth Bank of Australia, down 8.49% and 6.59% respectively. Over the last five days, the index is virtually unchanged, but is currently 3.25% below its 52-week high.

ASX: Key indices

The Australian share market posted modest gains across major indexes. The S&P/ASX 200 fell 0.2% to close at 8818.80, compared with its previous level of 8835.90. The S&P/ASX 20 witnessed a drop of 0.8% to 4838.80 from 4878.10. The S&P/ASX 50 slipped 0.4% to 8455.80, while the S&P/ASX 100 dipped 0.3% to 7334.30. Similarly, the broader S&P/ASX 300 fell 0.2% to finish at 8769.90 from 8784.60.

ASX 200: Top gainers and losers

On the S&P/ASX 200, the top five gainers showed strong upward momentum. Light & Wonder Inc. (LNW) led the pack, rising $13.75, or 10.99%, to close at $138.82. It was followed by Liontown Resources Limited (LTR), which climbed $0.09, or 7.83%, to finish at $1.24. Pilbara Minerals Limited (PLS) also saw notable gains, adding $0.24, or 7.50%, to reach $3.44. Bega Cheese Limited (BGA) advanced $0.35, or 6.55%, to close at $5.69, while Mineral Resources Limited (MIN) rose $2.64, or 5.96%, to end the session at $46.92.

Meanwhile, the biggest declines came from Bendigo and Adelaide Bank Limited (BEN), which dropped $1.08, or 8.49%, to $11.64. Commonwealth Bank of Australia (CBA) fell sharply as well, losing $11.52, or 6.59%, to close at $163.40. Life360 Inc. (360) slid $2.52, or 5.22%, to $45.80, while IperionX Limited (IPX) declined $0.19, or 3.20%, to $5.74. Rounding out the top five decliners, Breville Group Limited (BRG) slipped $0.69, or 2.28%, to $29.58.

S&P/ASX 200 Futures

The S&P/ASX 200 Futures for December 2025 slipped in early trading, falling 48.0 points, or 0.54%, to 8,843.5. The contract, quoted in Australian dollars (AUD), reflects a softer market outlook following recent gains on the broader index.