27 November 2025 

The Australia 200 trades 5 points (0.06%) higher at 8611 at 2.15pm AEDT.

Australia 200 trims gains after early rally

The Australia 200 (ASX 200) is on course for a fourth straight session of gains, mirroring Wall Street’s pre-Thanksgiving rally this week. A positive close today would deliver the index its first four-day winning streak since mid-May.

Early momentum carried the benchmark to an intraday and near two-week high of 8649.3, but the move quickly lost steam. With little follow-through buying interest, the index slipped 40 points from the peak, leaving it with only modest gains this afternoon.

ASX 200 stocks

Financial sector

There has been a mixed response from the big banks after the Australian Prudential Regulation Authority (APRA) introduced new regulations to limit the number of ‘high-risk’ large loans being issued to customers, which could have flow-on effects in the housing market. APRA will impose macroprudential restrictions on home loans from 1 February, meaning that no more than 20% of a bank’s new loans can have a debt-to-income (DTI) ratio of more than six.

• Westpac fell 1.67% to $37.76
• Macquarie lost 0.11% to $197.12
• ANZ down 0.1%
• NAB dipped 0.1% 
• CBA bucked the trend, adding 0.27% to $153.93.

Healthcare sector

The Australia 200 health care sector appears to have formed a triple low at this month’s 34,409 low, picking up earlier lows in the 34,000 area from October 2023 and March 2020. This chart pattern looks constructive, and leaning against the 34,300 – 33,700 support area, a 5 – 10% move higher from here looks achievable in the months ahead.

• Pro Medicus rose 2.16% to $267.19
• Telix Pharmaceuticals added 1.76% to $15.30
• CSL lifted 1.42% to $185.49.

Materials sector

Profit takers have emerged in the Australia 200 materials sector after early gains took it to a high of 20,072, just 0.50% shy of its record high of 20,192 from a month ago.

• Mineral Resources fell 2.57% to $47.72
• Fortescue lost 1.53% to $21.16
• Rio Tinto slipped 1.07% to $132.73
• BHP dropped 0.5% to $41.60.

Technology sector

The Australia 200 information technology sector has been today’s standout performer, gaining 2.31% and extending its recovery after its sharp 18% fall earlier this month.

• WiseTech Global jumped 6.39% to $69.42 following the appointment of Raelene Murphy as an independent non-executive director, part of WiseTech’s ongoing board renewal efforts amid recent scrutiny from the Australian Securities and Investments Commission (ASIC).
• Zip rose 5.00% to $3.37
• Life360 added 2.8% to $40.95
• Xero climbed 2.15% to $122.98
• DroneShield dropped 8.87% to $1.98, snapping its three-day winning streak.

ASX 200 technical analysis

As noted in Tuesday’s Australia 200 afternoon report here, Monday’s strong rally leaves Friday’s 8383.2 low as the likely bottom of the correction from the late October 9115 high and sets the stage for a stronger rebound.

Our initial target of 8630 – 8650 was hit yesterday, and this brings into play the next upside target of 8730 – 8750. From this level, a retracement of sorts is possible, potentially back to the 200-day moving average at 8508.

However, providing the 21 November 8383 low holds, we will maintain our positive bias, looking for further gains into year-end.

ASX 200 daily chart

• _{Source: TradingView. The figures stated are as of 27 November 2025. Past performance is not a reliable indicator of future performance. This report does not contain and is not to be taken as containing any financial product advice or financial product recommendation.}