Tumbling miners lead ASX to a down week episode artwork

EPISODE · Jun 5, 2026 · 8 MIN

Tumbling miners lead ASX to a down week

from SBS News In Depth

The ASX 200 closed 0.7% lower on Friday, extending its weekly decline to 1.2%, as mining stocks came under pressure from a three-month low in iron ore prices. Fortescue, BHP and Rio Tinto all fell, while the major banks also weakened. Bucking the trend was healthcare giant CSL, which jumped 5.8% for its strongest gain in more than four years. SBS Finance Editor Ricardo Gonçalves speaks with Blueberry Markets analyst Zoran Kresovic about the forces driving the market and what investors are watching next.

Episode metadata supplied by the publisher feed · Published Jun 5, 2026

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Tumbling miners lead ASX to a down week

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