Market Wrap / swinging season

The S&P/ASX 200 roared back to open the week. The S&P/ASX 200 Index gained 1.85% to 8,870.10 points, with all 11 sectors closing in the green.

BHP was up a solid 1.9% while the gold miners also registered some gains alongside bitcoin. The US dollar was weaker, notably against the yen following Japan’s sitting government securing a larger majority in the country's election. 

Locally, reporting season ramped up with Car Group claiming back only some of its past yearly losses. It was up 9.9% this Monday as it reaffirmed its FY26 guidance, but remains down 13% over the past twelve months.

Similarly, Web Travel Group was up 18.6% today, after shedding over a third of its share price value on Friday. Management aimed to reassure shareholders about the impact of a tax audit for one subsidiary.  

Challenger stood as a laggard however. It is partnering with the Pepper Group to acquire a minority stake in Pepper Money at $2.60 a piece. Pepper Money gained 28.4%, while Challenger shed 3.6%. 

Tomorrow, reporting season continues with Computershare, the Region Group and Amotiv reporting on the first half of FY26.