Big banks, miners increase dominance in risk to investors

Original article by Cecile Lefort
The Australian Financial Review – Page: 21 : 22-Apr-26

The list of Australia’s 10 biggest stocks is now dominated by banks and mining companies; CLS, Wesfarmers and Goodman Group are now the only top-10 stocks in the S&P/ASX 200 Index that are not in these sectors. The four major banks and BHP top the list, and collectively account for 35 per cent of the sharemarket. Lachlan Halloway from Morningstar notes that resources groups have benefited from rising commodity prices due to the Iran war, while investors still regard banks as ‘safe haven’ stocks.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, CLS LAWYERS PTY LTD, WESFARMERS LIMITED – ASX WES, GOODMAN GROUP – ASX GMG, BHP GROUP LIMITED – ASX BHP

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