AdvertisementUpdated BusinessMarketsWorld markets ASX closes at all-time high; Glencore eyes Australian listing Staff writers Updated August 5, 2026 — 2:54pm ,first published August 5, 2026 — 3:17am Save You have reached your maximum number of saved items. Share A A AThe Australian sharemarket closed at a record high on Wednesday, tracking a rally on Wall Street, where stocks jumped to highs amid soaring company profits and easing oil prices. The S&P/ASX 200 finished 82 points, or 0.9 per cent, higher at 9227.8, beating its previous record from early March. Meanwhile, London-listed mining giant Glencore said it would apply for a secondary listing in Australia, after it reported a steep rise in profits. Despite worries about high inflation, the dragged-out war in Iran and a possible bubble in tech stock prices, Wall Street is nearing its latest apex largely because profits are soaring for companies.