Top 5 ASX 200 Highlights to Watch on Tuesday, February 10, 2026

The S&P/ASX 200 Index enjoyed a solid start to the week, closing up 1.85% at 8,870.1 points. Investors are eager to see if this upward trend continues on Tuesday, February 10, 2026. Here are five key highlights to monitor in today’s market.

ASX 200 Expected to Rise Again

Following a positive performance on Wall Street, the Australian share market is anticipated to open higher. The SPI futures indicate the ASX 200 could gain 33 points, or 0.35%. In the U.S., the Dow Jones increased by 0.1%, the S&P 500 rose 0.65%, and the Nasdaq climbed 1.15%.

Energy Sector Benefits from Rising Oil Prices

Positive momentum awaits Australian energy stocks like Karoon Energy Ltd (ASX: KAR) and Santos Ltd (ASX: STO) due to an overnight surge in oil prices. As reported by Bloomberg:

• WTI crude oil rose 1.4% to US$64.43 per barrel.
• Brent crude oil increased by 1.6% to US$69.12 per barrel.

This rise in prices is attributed to escalating tensions between the United States and Iran.

CAR Group Shares Highlighted by Analysts

Analysts at Bell Potter have identified CAR Group Limited (ASX: CAR) shares as undervalued. Following its half-year results, the firm has maintained its buy rating, though it has adjusted the price target to $39.80. The report emphasized:

• CAR’s extensive global network for auto and non-auto classifieds.
• The company’s ability to leverage AI for growth and shareholder returns.

Gold Price Soars, Benefiting ASX 200 Gold Shares

Investors in gold stocks such as Evolution Mining Ltd (ASX: EVN) and Ramelius Resources Ltd (ASX: RMS) are likely to see favorable conditions as gold futures surged 2.3% to US$5,094.2 per ounce. CNBC attributes this increase to a weaker U.S. dollar.

Sims Ltd to Announce Strategic Moves

Sims Ltd (ASX: SGM) shares are drawing attention following their recent announcement. The scrap metal company disclosed plans to acquire assets from TCT Trading for US$66.5 million. This transaction aims to enhance its operations in Houston while minimizing costs. Additionally, Sims is looking to sell its Mayo Shell property in the same region.

As the market opens on February 10, 2026, keep a close watch on these developments within the ASX 200. With positive indicators from various sectors, investors may see continued growth opportunities in the coming days.