S&P/ASX 200 rises as Australian shares climb, claw back losses ahead of busy earnings week; check gainers-losers and top performing sectors

Australian shares climbed on Monday (February 9, 2026), posting their strongest session since the April 2025 selloff triggered by “Liberation Day” tariffs. The sharemarket pulled back losses as gains in miners and gold stocks lifted the market ahead of a busy earnings week.

The S&P/ASX 200 closed up sharply Monday, gaining 161.30 points or 1.85% to 8,870.10 after setting a new 20-day low. The index rebounded after a ‌2 per cent fall in the previous session, its sharpest one-day drop since early April, 2025.

According to the ASX website, the top-performing stocks in this index were WEB TRAVEL GROUP LIMITED and RESOLUTE MINING LIMITED, up 18.58% and 13.10%, respectively. Over the last five days, the index has gained 1.04% and is currently 2.69% off of its 52-week high.

S&P/ASX 200: Top gainers and losers

The S&P/ASX 200 recorded notable gains led by WEB Travel Group Limited, which closed at $3.510 after rising by $0.550, marking an increase of 18.581 per cent. Resolute Mining Limited followed with its shares ending the session at $1.425, up $0.165 or 13.095 per cent. Ora Banda Mining Ltd also posted strong gains, finishing at $1.195 after climbing $0.130, representing a rise of 12.206 per cent.

CAR Group Limited added to the positive momentum, with its share price reaching $26.910 following a gain of $2.430, or 9.926 per cent. Silex Systems Limited rounded out the top five gainers, closing at $6.680 after advancing by $0.600, up 9.868 per cent.

On the downside, Challenger Limited led the declines, with its shares falling to $8.600 after dropping $0.320, a decrease of 3.588 per cent. GQG Partners Inc. slipped to $1.665, down $0.030 or 1.770 per cent. News Corporation also declined, closing at $37.700 after shedding $0.620, or 1.618 per cent.

Brambles Limited ended the session at $23.160, down $0.350, reflecting a fall of 1.489 per cent, while Seek Limited closed lower at $18.070 after a decline of $0.240, or 1.311 per cent.

Gold ‍stocks jump

The benchmark posted broad-based gains, led by ‌the mining sub-index, ‍which rose as much as 3.1%, while gold ‍stocks jumped 5.5% on stronger bullion and copper prices, according to news agency Reuters. Mining ‌majors BHP Group, Rio Tinto and Fortescue rose between 1.9% and 2.6%. Gold miners St Barbara Limited and Evolution Mining advanced 7.9% and 4.5%.

Financials also climbed 1.2% to their highest since mid-November, with the big four banks rising between 1.7% and 0.6%.

Investors now turn to February earnings, starting with results from Commonwealth Bank of ‍Australia, Westpac Banking Corporation and ANZ Group. Pepe said focus has shifted to margins and credit growth in a ‍rising-rate environment and ⁠expects bank shares ⁠to stay subdued until there is clearer visibility on returns on equity.

Top-performing stocks

All 11 sectors ended higher along with the S&P/ASX 200 Index, according to the ASX website. Information Technology was the best-performing sector, gaining +3.31% and rebounding from its recent decline. This sector is off -7.96% for the past five days.

Meanwhile, energy stocks added 1.8%, with shares of oil and gas majors Woodside Energy and Santos up 1.4% and 0.9%, respectively. Technology stocks tracked their overseas peers higher, ending the day 3.3% in the green. Shares of WiseTech Global and NEXTDC soared 3.6% and 4.9%.