Mid-Market: S&P/ASX 200 Trading Higher; Buoyed By Tech And Uranium Stocks

Source: Kapitales Research

On 10 February 2026, at AEDT 12:45 PM, the benchmark index S&P/ASX 200 is trading higher today, gaining 27.30 points or 0.31%, and is currently trading at 8,897.40 levels. Out of 11, 9 sectors are trading higher along with the gain in the S&P/ASX 200.

The Information Technology and Healthcare sectors are the top 2 gaining sectors, gaining 1.31% and 1.20% in their index values. On the other hand, Financials and Utilities sectors are the top 2 declining sectors, declining 0.56% and 0.13%% in their index values.

Silex Systems Limited (ASX: SLX) and Deep Yellow Limited (ASX: DYL) are the top-gaining stocks, gaining 7.784% and 7.352% in their stock prices. On the other hand, Steadfast Group Limited (ASX: SDF) and AUB Group Limited (ASX: AUB) are the top-losing stocks and are declining by 9.558% and 5.825% in their stock prices.

Factors influencing the market-

• The Australian share market is gaining today, buoyed by a recovery in technology and uranium stocks following last week’s sell-off due to concerns over heavy spending on artificial intelligence. At the same time, the Australian dollar strengthened, stabilizing around US70.85¢ after peaking at a three-year high of US70.98¢, supported by a declining US dollar and a global rally in equities.
• Financial stocks underperformed, particularly in the insurance sector, with Insurance Australia Group dropping 3.5%, QBE down 3.3%, and Suncorp falling 2.0%. The decline followed a slump in US insurance broker stocks after the launch of an AI tool by Insurify, raising concerns about potential disruption in the industry.
• G8 Education saw a 17% drop after announcing a $350 million non-cash goodwill impairment, canceling its final dividend, and halting its on-market share buyback due to weaker occupancy and rising costs.
• Meanwhile, Treasury Wine Estates rose 6% after raising its first-half EBITS guidance to $236 million, surpassing the previous forecast of $225 to $235 million. The company also resolved a long-standing dispute in the US following the closure of operations by Republic National Distribution Company.
• Macquarie Group gained almost 1% after the investment bank reported higher profits across all four of its business divisions for the December quarter, and forecasted stronger annual income from its flagship commodities and global markets unit.
• The Dow Jones closed up by 0.04%, S&P 500 gained by 0.47% and Nasdaq was up by 0.90% in the previous session.
• Hang Seng is up by 0.52%, and FTSE 100 is up by 0.16%.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au