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Story perspectives

ASX 200 climbs 1% as healthcare stocks surge

7/29/2026

35 5 Full Breakdown

Summary

Story summary

The ASX 200 rose 1.07% to 9,043.2 points on July 29, 2026, led by healthcare.
Australian CPI rose 3.8% to June, down from 4% in May, easing rate-hike expectations.
Fisher & Paykel Healthcare shares gained $1 (2.45%) to $41.75 on $13.45 million trade, beating the March 2 high of $41.23.
Ebos Group rose 99c (4.58%) to $22.61, an 18-week high.
CSL surged 6.7%.

History

Historical Context

During the 2008 global financial crisis, world markets crashed— the Dow Jones fell 1,874 points (-18.2%) in the week of 6-10 October 2008, prompting the Australian government to roll out a $10.4 billion stimulus and guarantee bank deposits. Those emergency measures anchored liquidity and kept interest rates low, laying groundwork for the 2026 ASX 200 rise, led by health firms.

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Story summary

The ASX 200 rose 1.07% to 9,043.2 points on July 29, 2026, led by healthcare.
Australian CPI rose 3.8% to June, down from 4% in May, easing rate-hike expectations.
Fisher & Paykel Healthcare shares gained $1 (2.45%) to $41.75 on $13.45 million trade, beating the March 2 high of $41.23.
Ebos Group rose 99c (4.58%) to $22.61, an 18-week high.
CSL surged 6.7%.

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