the COB: See ya, January!

Описание: A mixed bag of US tech earnings overnight saw the Australian sharemarket stall its January rally, closing the day down 0.65% at 8,869.10 points. Over the month the index is up 1.7%, its best gain since last October. 

Tech valuation concerns rippled throughout the sector, with heavyweights Wisetech and

TechnologyOne down 2% and 2.6% respectively. As a whole, the sector lost 1.8% over the day. 

Among other losses, gold's overnight pullback saw the ASX precious metals miners pullback, with Newmont shedding 8% along with Ramelius Resources down 6.4%. 

Healthcare proved the strongest sector on the back of ResMed’s 2025 Q4 results. The medical equipment company’s net income rose to $393 million, sending the share price up 3.1%. Elsewhere in the sector, CSL climbed 1.1%. 

Elsewhere, Nine Entertainment will sell its radio division in a $56 million deal, the share price climbed 5% in response. 

Over in the C-suite, Aussie Broadband appointed Darren Rowland as its new chief financial officer. Despite his 25 years experience, the share price swung negative to 1.7%. 

And PLS reported increased production over the December quarter, as well as revenue gains on higher lithium prices. Despite the positive results, the miner slid 6.5%.

Tonight, expectations sit with Exxon and Chevron ahead of their quarterly reporting.