Australia shares end lower as consumer discretionary, healthcare stocks weigh

Oct 7, 2025, 12:43 GMT+7
Key points:

• ASX200 inches down, 100 points below record high
• Wesfarmers hits 1-month low
• Fortescue logs worst day in a week
• NZ50 at 4-year peak

By Nikita Maria Jino
Reuters -;Australian shares closed modestly lower on Tuesday as losses in consumer discretionary and healthcare stocks weighed on the benchmark, though the absence of any major catalysts kept the index largely rangebound.
The S&P/ASX 200 indexended the session 0.3% lower at 8,956.80. The benchmark is around 100 points below its all-time high of 9,054.50 points, scaled in late August.
Kyle Rodda, senior financial market analyst at Capital.com, attributed the subdued move to a "lack of catalysts for local markets for a few days."
The benchmark has been stuck below the 9,000-mark since August, with Rodda attributing the recent tepid behaviour to weak local fundamentals. "The market looks very expensive above 9,000, so we need a really big push to get through there," he said.
Consumer discretionary stocks (. AXDJ ), typically sensitive to economic cycles, slipped more than 1%. Wesfarmers, the country's biggest non-food conglomerate declined 1.3% to its lowest since early September, while electronics retailer JB Hi-Fiended at a three-week low.
A measure of Australian consumer sentiment slid for a second straight month in October as concerns about family finances returned amid speculation that interest rates might not fall any further, per a survey on Tuesday.
Healthcare stocksfell 0.2%, weighed down by CSL's0.2% decline. The biotech firm has lost nearly a quarter of its value since announcing subdued growth outlook, job cuts, and demerger plans in August.
Minersedged 0.2% higher to track gains in copper prices, with BHPand Rio Tintorising 0.1% and 0.5%, respectively.
Fortescue, however, capped gains on the sub-index after logging its weakest trade since late September. Sluggish iron ore prices continue to reflect on the miner, which has a pure play on iron ore, Rodda added.
In New Zealand, the benchmark S&P/NZX 50 indexfinished 0.3% higher at 13,531.29, its highest close since January 2021, ahead of the central bank's policy meeting on Wednesday.

Sumber : Reuters