Top 5 ASX 200 Highlights to Watch on Monday, February 9, 2026

Rowan Ashford

Published: February 8, 2026 5:40 PM ET

Top 5 ASX 200 Highlights to Watch on Monday, February 9, 2026

The S&P/ASX 200 Index faced a challenging end to the week, dropping 2% to close at 8,708.8 points. As the market gears up for the new week, here are the top five highlights to monitor on February 9, 2026.

ASX 200 Anticipated Recovery

The Australian share market is projected to rebound following positive performance from Wall Street. The latest SPI futures indicate that the ASX 200 is set to open 102 points higher, or an increase of 1.2%. The Dow Jones climbed 2.5%, while the S&P 500 and Nasdaq rose by 2% and 2.2%, respectively.

Oil Prices Surge

Energy stocks in the ASX 200 are expected to benefit from recent increases in oil prices. On February 6, WTI crude oil saw a 0.4% rise, reaching US$63.55 per barrel, while Brent crude spiked 0.75% to US$68.05 per barrel. Fluctuating prices were influenced by mounting tensions between the US and Iran.

Tech Stocks on the Radar

ASX 200 technology shares, particularly Xero Ltd and WiseTech Global Ltd, are likely to experience a stronger session. Following last week’s selloff due to fears regarding artificial intelligence’s impact on software providers, both companies appear positioned for recovery after a favorable finish on Wall Street.

Gold Prices Increase

Gold shares in the ASX 200, including Newmont Corporation and Northern Star Resources Ltd, are likely to see positive momentum. On February 6, gold futures surged by 1.85%, reaching US$4,979.8 an ounce. The uptrend is attributed to a weakening US dollar and ongoing geopolitical tensions.

Investment Advice for Life360 Shares

Investors are being advised by Bell Potter to buy shares in Life360 Inc. The firm highlights that Life360 operates as an app rather than a traditional software company, minimizing its exposure to risks from artificial intelligence disruption. The broker maintains a buy rating with a revised price target of $41.50, noting that Life360 is trading at favorable EV/Adjusted EBITDA multiples for 2026 and 2027, coupled with anticipated growth rates of approximately 45%.