Story perspectives

ASX 200 Closes Near Flat as Tech, Miners Fall

By Drooid · Oct 13, 2026, 10:22 PM UTC · How we work

Summary

Story summary

ASX 200 ended near flat at 8,783.90 after Wall Street’s slowest session this year.
Tech stocks led losses, with Codan down 6% and Megaport falling 9.9%.
Mining giants BHP, Rio Tinto and Fortescue dropped 1.8%-2.9% amid energy-crunch concerns.
All four major banks rose, Commonwealth Bank +2.3% and ANZ +1.3%; regional banks also gained.
Energy and utilities rallied, Woodside up 1.9% and AGL jumping 4.1%; AUD traded at US 0.6960.

History

Historical Context

The 2008 global financial crisis shattered the Great Moderation, sending the ASX 200 down about 30% from its 5,500 peak and prompting an ASIC short-selling ban on 22 September 2008. Today the index sits near 8,784, yet tech names like Codan fall 6% and energy stocks wobble, while Commonwealth Bank climbs 2.3%, echoing the same volatility-driven swings.

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Story summary

ASX 200 ended near flat at 8,783.90 after Wall Street’s slowest session this year.
Tech stocks led losses, with Codan down 6% and Megaport falling 9.9%.
Mining giants BHP, Rio Tinto and Fortescue dropped 1.8%-2.9% amid energy-crunch concerns.
All four major banks rose, Commonwealth Bank +2.3% and ANZ +1.3%; regional banks also gained.
Energy and utilities rallied, Woodside up 1.9% and AGL jumping 4.1%; AUD traded at US 0.6960.

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