AS51
8,772.30
-0.75% (-66.70)
Updated 01:52 PM
Why it is moving
Australia's services sector, which dominates economic output, showed sequential acceleration in July flash PMI readings, moving from contraction-adjacent levels in June to clearer expansion territory. This metric precedes final PMI releases and provides early directional guidance for economic conditions.
Updated 01:52 PM
Medium confidenceDriver data is partial
Some drivers have no confirmed source evidence yet, read those as context, not confirmation.
Main drivers
Australian services sector activity momentum
No confirmed source evidence yet.
Flash PMI expansion above 50 threshold indicating growth
No confirmed source evidence yet.
Levels to watch
Support
8,722.90
Resistance
8,840.70
Recent range: 8,722.90–8,840.70.
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