The index surged more than 1.8% on Wednesday, closing at approximately 8,538 points after climbing as high as 8,564, as investors welcomed signs of de-escalation in the US-Iran conflict and a strong rebound in mining and energy stocks.
The benchmark Australian share market index opened at 8,379.40 — the previous day's close — and quickly gathered momentum, posting a gain of about 158.7 points or 1.89% by late afternoon trading on March 25, 2026. The day's low stood at 8,379.40 while the high reached 8,564.20, reflecting renewed optimism after weeks of volatility triggered by Middle East tensions.
