End of Day Report – Thursday 7 May: ASX 200 jumps 85 points | BHP shines, gold miners back

End of Day Report – Thursday 7 May: ASX 200 jumps 85 points | BHP shines, gold miners back

May 7, 2026 · 15 min

About this episode

The episode discusses the significant rise of the ASX 200 and the performance of various sectors in the market.

1The ASX 200 soared another 85 points to 8878 as US markets hit records. The Japanese market breached 62,000 for the first time ever, and resources rebounded hard on the back of falling oil prices. The banking sector was firm, with the Big Bank Basket rising to $295.43 (+0.5%), despite NAB going ex-dividend today, which wiped around 12 to 14 index points off. Other financials also had a good day, with the likes of HUB doing well, MQG up 0.5% and NWL also doing well. The Macquarie Conference c...

People in this episode

Host: Marcus Today

Topics covered

Keywords

Mentioned in this episode

Organizations: ASX, BHP, NAB, HUB, MQG, NWL

Places: US, Japan

More episodes of Market Updates

Explore listener stats, chart rankings, contacts and more on the Market Updates podcast page.