S&P/ASX 200 sees sharp rise as Australian shares reclaim 9,000 mark, banks rally on CBA results; check top gainers and losers

Australian Sharemarket News: It was a good day at the Australian Sharemarket as shares reclaimed the crucial 9,000-point mark on Wednesday (February 11, 2026). The rally was powered by banking stocks, as upbeat Commonwealth Bank of Australia results managed to offset losses in biotech heavyweight CSL.

The S&P/ASX 200 closed up sharply Wednesday, gaining 147.40 points, or 1.66%, to 9,014.80 and setting a new 50-day high. It was the strongest close for the index ⁠since late October 2025, according to Reuters. The benchmark had slipped below the 9,000-point mark that month after a hot inflation reading dampened hopes of interest rate cuts.

The top-performing stocks in this index were AUSSIE BROADBAND LIMITED and AGL ENERGY LIMITED, up 14.79% and 11.75%, respectively. Over the last five days, the index has gained 0.97% and is currently 1.10% off of its 52-week high.


Heavyweight financials climbed 3.8% to its highest level since early November, helped by the Commonwealth Bank of Australia (CBA), which rose 6.8% after reporting a record first-half cash earnings.

S&P/ASX 200: Top gainers and losers

The S&P/ASX 200 saw notable movement across several stocks, with Aussie Broadband Limited (ABB) leading the gains. The company closed at $5.200, up 67 cents, marking a strong rise of 14.790 per cent. AGL Energy Limited (AGL) followed, finishing at $9.890 after climbing $1.040, an increase of 11.751 per cent. James Hardie Industries plc (JHX) also delivered a solid performance, advancing from $3.630 to $36.870, up 10.920 per cent.

Evolution Mining Limited (EVN) gained $1.300 to close at $16.280, representing an 8.678 per cent lift. Meanwhile, Commonwealth Bank of Australia (CBA) added $10.820 to reach $169.560, recording a 6.816 per cent increase.

On the downside, CSL Limited (CSL) posted the steepest decline among the top movers, falling from $20.200 to $163.440, a drop of 11.000 per cent. ResMed Inc. (RMD) slipped $1.760 to $36.790, down 4.566 per cent. Superloop Limited (SLC) eased 8 cents to $2.380, a decrease of 3.252 per cent.

Computershare Limited (CPU) declined from $1.010 to $31.290, down 3.127 per cent, while Telix Pharmaceuticals Limited (TLX) shed 31 cents to close at $9.750, marking a fall of 3.082 per cent.

In other company news, Domino's Pizza Enterprises shares rose 2.9% after the pizza chain operator tapped former McDonald's executive Andrew Gregory as its CEO, according to Reuters.

Power ⁠producer AGL Energy beat first-half profit estimates and narrowed the lower end of its full-year earnings forecast, sending its shares 11.8% higher. Biotech major CSL slumped 18.2% to an eight-year low following CEO Paul McKenzie's departure and a sharp drop in half-year profit. That weighed on healthcare stocks, which dropped as much as 6.2% to their lowest level in more than six years.