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Australian shares edge lower on thin order books

Australian shares declined with thin trading volumes; gold miners surged on record bullion prices while energy stocks fell amid subdued market activity, S&P/ASX200 down 0.17%, midday.

  • On December 29, 2025, the Australian sharemarket crept lower on the third last trading day amid thin trading volumes.
  • Trading volumes remain thin as holiday-season investors focus elsewhere, while futures markets pointed to a slight fall of 12 points, or 0.14 per cent, at the open.
  • Gold miners led the gains as Northern Star Resources and Evolution Mining surged 2.07 per cent and 2.78 per cent soon after opening, with spot gold price at $US4530 an ounce.
  • By midday the S&P/ASX200 had eased 15 points to 8,747.7 while the All Ordinaries lost 17.4 points, with only the healthcare sector in positive territory.
  • Equity bulls are eyeing a Santa Claus Rally covering year-end into early January, while Wall Street strategists forecast the S&P 500 target 7464 by end of next year, implying about 7.7 per cent upside.
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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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Sydney Morning Herald broke the news in Sydney, Australia on Sunday, December 28, 2025.
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