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Update · 07:46 pm AEST · 5 August 2026

ASX closes on record high as Japanese yen pressure eases

ASX closes on record high as Japanese yen pressure eases
Photograph: ABC business (AU)

Australia's share market closed at a record 9,227 points, up 0.9 per cent, as pressure eased on the Japanese yen following intervention, ABC reports. The intraday high reached 9,230 points. Mining gained 3.3 per cent but energy losses limited further index gains, with traders also pricing in hopes of a US-Iran deal to reopen the Strait of Hormuz.

Top performers included Neuren Pharmaceuticals (up 16.28 per cent to $21.64), 4DMedical (up 9.77 per cent to $4.72) and IperionX (up 8.95 per cent to $3.41). Woodside Energy fell 3.55 per cent to $31.78, Domino's Pizza dropped 3.16 per cent to $19.29, and Karoon Energy slid 2.87 per cent to $1.69, David Chau reports for ABC business (AU).

ASX closes on record high — as it happened Australia's share market closed on a record high, pressure eased on the yen and traders hoped for a Strait of Hormuz solution. Catch up on the day's markets and economic news on the live blog. abc.net.au
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