ASX 200 news from Monday 6th July 2026: ASX ends lower as traders switch to CSL, healthcare; Genesis Minerals launches $5.6b Vault Minerals bid
The ASX 200 slipped 0.2% as investors shifted to healthcare stocks like CSL, while Genesis Minerals launched a $5.6bn bid for Vault Minerals.Summary
The Australian sharemarket retreated on Monday as investors moved into defensive healthcare stocks, pushing CSL to a two month high while miners and banks fell. The S&P/ASX 200 lost 13.40 points or 0.2 percent to 8831 in a quiet session after US markets were closed for Independence Day. Genesis Minerals launched a 5.6 billion dollar bid for Vault Minerals, sending its shares up 11.6 percent and causing its own stock to drop 4.1 percent. Commonwealth Bank warned the housing market would slow economic growth, dragging bank shares lower, while technology shares rose with WiseTech Global gaining 7.3 percent. Other notable moves included Telix Pharmaceuticals rising 3 percent, a rebound for WiseTech, and modest gains for gold and copper producers.
(Source：Australian Financial Review)