Australian sharemarket defies global tech rout sparked by OpenAI fears
Australia’s sharemarket gained slightly on Friday, with the ASX 200 up 15.50 points, or 0.18 percent, while the All Ordinaries rose 12.60 points, or 0.14 percent. This comes as global tech stocks slump amid OpenAI IPO concerns and a sell-off of Apple shares, impacting markets across Asia and the US. Seven of the 11 sectors in Australia finished higher.
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Published 26 Jun 2026, 07:35 UTC · Updated 26 Jun 2026, 07:40 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections
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