Category: ASX: WBC

ASX: WBC

Why is Westpac (ASX:WBC) falling today?

Latest Reports

Weekend report 03/10/2026

Weekend Q&A: Has the ASX 200 found its low?

The ASX 200 finished a volatile week up +0.2%, almost as if Thursdays ~2% plunge to fresh four month lows didn’t exist. The weekly change masked significant volatility as investors digested the RBA’s fourth rate hike of 2026 alongside softer-than-expected inflation data. Technology was the standout sector, surging 7.3%, while the dominant theme remained interest rates, with the cash rate reaching a 15-year high of 4.6%, although softer CPI and Governor Bullock’s subsequent comments tempered expectations for further tightening.

Afternoon report 02/10/2026

The Match Out: ASX bounces back as broker upgrades lift market out of two-day funk

The ASX bounced today following yesterday’s broad-based sell-off with the rebound driven by a recovery in Technology, while nine of the 11 sectors finished higher. The move leaves the index up +0.2% for the week after a volatile few sessions, with the market still looking for confirmation that the recent surge in bond yields and oil prices has potentially peaked.