Market Wrap / over 9,000

Roaring company earnings sent the S&P/ASX 200 just past the 9,000 points mark this Wednesday. The index gained 1.66% to 9,014.88 points, pushed higher by the banking sector after the Commonwealth Bank once again smashed expectations with its result.

Echoing August 2025, results season once again triggered large share price movements. 

ASX-mammoth CBA banked its best day in six years, up 6.8% as it reported record first-half cash earnings, thanks to robust growth in lending and deposit volumes. 

Heading the other way, CSL plunged 4.6% after a dive in half year profit, which was reported just hours after the healthcare company’s CEO stepped down with immediate effect. The whole healthcare sector was near a seven-year low. 

SGH jumped by 3.6% as it posted a 2% rise in first-half net profit to $518 million. And James Hardie sprung 11% with better-than-expected third-quarter profit.

Interestingly, today’s best share price performance came from Aussie Broadband. It did not report results, but acquired AGL’s telecommunications business for $125 million. 

C-suite changes also moved share prices; shares in the ASX were down 1.7% amid news Chief Executive Helen Lofthouse will step down in May. Domino's Pizza was higher with Andrew Gregory tapped as incoming chief executive.

A delayed US nonfarm payrolls report is anticipated in the US tonight, while earnings season continues tomorrow with Pro Medicus, IAG, the ASX and South32 among companies reporting.