ASX Rises Amid Global Tensions | Australia News

The ASX 200 surged 0.68% as tech, healthcare, and telcos led the charge, defying global tech headwinds and a weakening Aussie dollar. Amid an uneasy US-Iran standoff—still avoiding full escalation around the Strait of Hormuz—investors remain cautiously optimistic. Oil edged up after hitting pre-conflict levels, lifting Woodside and Viva Energy, while gold stabilized as buyers returned. Karoon Energy rallied on a Brazilian well restart and buyback plan; Life360, Energy One, and Neuren Pharmaceuticals also soared after European approval. Meanwhile, Accent Group urged shareholders to reject a takeover, and Ampol got a cash mandate exemption for its U-Go network—showing a market in flux with sector-specific momentum. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7a8e49c3ab286ff5