S&P/ASX 200 edges lower as Australian shares lose momentum after two days of rally; Gold stocks drop over 4 per cent, check top gainers-losers and how different sectors performed

Australian shares experienced a downturn on Thursday, February 5, 2026. The S&P/ASX 200 index saw a decline, primarily driven by losses in base and precious metal miners. This was due to falling commodity prices and a stronger US dollar. Despite some sectors showing gains, the overall market sentiment was impacted by these factors.