Top 5 ASX 200 Highlights to Watch on January 27, 2026

The S&P/ASX 200 Index experienced a slight increase as the week closed. On January 27, 2026, the benchmark stood at 8,860.1 points, reflecting a 0.1% gain. Investors are eager to see if the momentum will continue on Tuesday.

ASX 200 Expected to Rise

Predictions indicate that the Australian share market will likely experience an uplift on Tuesday. The SPI futures suggest the ASX 200 could open 61 points, translating to a 0.7% increase.

This optimism comes amid positive trading on Wall Street, where major indices like the Dow Jones, S&P 500, and Nasdaq all gained 0.7% in late trading sessions.

Oil Prices Dip

Energy stocks on the ASX 200 may face challenges due to a drop in oil prices. Recent data shows the WTI crude oil price decreased by 0.8%, settling at US$60.61 per barrel. Meanwhile, the Brent crude oil price fell by 0.5% to US$65.55 per barrel.

This decline follows a strong prior day driven by tensions in U.S. crude-producing areas and geopolitical issues involving the U.S. and Iran.

Watch BHP and Rio Tinto

Shares of BHP Group Ltd and Rio Tinto Ltd could perform well in the upcoming session. Both companies saw their London-listed shares rise nearly 2% due to increased commodity prices.

Last week, concerns over copper supply pushed prices above US$13,000, further supporting these mining giants.

Gold Prices Surge

The ASX 200 gold sector is anticipated to thrive, given the rise in gold prices. On January 27, gold futures surged by 1%, reaching US$5,029 per ounce. This increase is largely attributed to ongoing safe-haven demand.

Pantoro Shares Under Scrutiny

Pantoro Gold Ltd shares are receiving cautious attention from analysts at Bell Potter. The firm has maintained its hold rating, adjusting the price target to $6.05. Analysts express concerns that Pantoro may not meet its production guidance.

Despite initially reporting a positive production trajectory, market expectations have been tempered due to potential misses in guidance and performance.

Summary of Key Highlights

• S&P/ASX 200 Index gained 0.1%, closing at 8,860.1 points.
• ASX 200 expected to rise 0.7% on Tuesday, backed by Wall Street’s positive performance.
• Oil prices fell, with WTI at US$60.61 and Brent at US$65.55.
• BHP and Rio Tinto saw share price increases of nearly 2% in London.
• Gold prices reached US$5,029 per ounce, benefiting the gold sector.
• Pantoro Gold Ltd shares under caution by analysts, target set at $6.05.