Why Are ResMed (ASX:RMD) Shares in Focus as ASX Preview Signals a Mixed Monday?

4 min read | July 06, 2026 10:12 AM AEST | By Sam

Highlights

  • Australian shares are set for a softer opening despite positive momentum across major European markets.

  • Rising gold and firmer crude oil prices are placing resource and energy companies under renewed attention.

  • Healthcare, shipbuilding and commodity-linked companies headline the market watchlist for the new trading week.

Australian shares begin the week with mixed global signals as energy, healthcare, industrial and gold companies attract attention amid stronger commodity prices and a cautious market outlook.

Australia's share market enters the new week with several competing forces shaping sentiment, making Monday's session one to watch closely. While overseas markets finished the previous session on a positive note, local futures point towards a weaker open, signalling that traders remain cautious. Companies including ResMed (ASX:RMD), Santos (ASX:STO), Woodside Energy Group (ASX:WDS), Austal (ASX:ASB), Newmont Corporation (ASX:NEM) and Northern Star Resources (ASX:NST) are all attracting attention as developments across healthcare, commodities and industrial activity influence the broader ASX 200 landscape.

A softer opening despite overseas optimism

The Australian market begins the week against a mixed international backdrop. European equities closed higher, supported by improving regional sentiment, while United States markets remained closed for a public holiday, leaving local participants with fewer global cues.

Domestic futures nevertheless point towards a weaker start, highlighting that market participants remain focused on global economic developments, commodity movements and expectations surrounding monetary policy rather than overseas equity performance alone.

With earnings season gradually approaching, attention is also shifting towards company-specific developments instead of broad market momentum.

Rising oil prices place the spotlight on the energy sector

Crude oil edged higher heading into the new week even after producing nations agreed to increase output.

That resilience has placed Australia's Energy Stocks sector firmly back in focus.

Santos is one of Australia's largest oil and natural gas producers, with operations spanning domestic production and international energy projects. Woodside Energy Group also remains one of the country's largest liquefied natural gas exporters and continues to play a significant role across global energy markets.

Stronger crude prices generally improve revenue conditions across the sector, although supply decisions and geopolitical developments remain closely watched throughout global energy markets.

Gold's strength lifts attention on miners

Gold delivered another strong performance heading into Monday, reinforcing renewed interest across Australia's precious metals sector.

The movement has shifted attention towards Gold Stocks as bullion continues attracting demand amid changing expectations surrounding future interest rate settings.

Newmont Corporation remains one of the world's largest gold producers with significant Australian operations, while Northern Star Resources has established itself as one of Australia's leading domestic gold miners through a portfolio of high-quality producing assets.

The strength in bullion prices continues to support interest across the sector as market participants monitor safe-haven demand alongside broader macroeconomic developments.

Healthcare remains under close watch

Healthcare companies continue attracting attention after recent weakness across the sector.

ResMed develops connected medical devices and digital health solutions focused on sleep disorders and respiratory care, making it one of Australia's best-known healthcare technology businesses.

Although the sector has experienced valuation pressure over recent months, underlying demand for sleep therapy products continues to remain an important theme. Industry developments surrounding competing treatments, regulatory changes and product innovation continue shaping market sentiment across Australia's Healthcare Stocks sector.

Healthcare is expected to remain one of the closely followed sectors as the new financial year progresses.

Shipbuilding activity stays in focus

Industrial manufacturing also returns to the spotlight through Austal, Australia's globally recognised naval and commercial shipbuilder.

The company continues progressing several major shipbuilding programs across international defence markets while also advancing long-term marine construction projects.

Large defence contracts, production schedules and operational execution remain central themes for the business as investors monitor delivery milestones throughout the coming financial year.

Its activity reflects the broader importance of Australia's Industrial Stocks sector, particularly businesses involved in advanced manufacturing and defence infrastructure.

Commodity markets remain the major influence

The combination of stronger gold prices and firmer oil markets demonstrates how commodity movements continue shaping daily activity across Australian equities.

Energy producers, mining companies and industrial businesses often respond quickly to changes across global commodity markets, particularly when geopolitical developments influence supply expectations.

With earnings updates approaching and macroeconomic uncertainty continuing across global markets, commodity pricing remains one of the primary drivers of Australian share market sentiment.

A busy week begins for Australian equities

Monday's session arrives with several important themes developing simultaneously.

Commodity markets continue moving higher, healthcare remains under scrutiny, defence manufacturing stays active and broader market sentiment reflects ongoing caution despite encouraging international performances elsewhere.

Rather than a single dominant catalyst, investors are likely to assess multiple sectors throughout the session, making company-specific developments increasingly important as the week unfolds.

Frequently Asked Questions

  • Why is the Australian share market expected to open lower?
    Softer futures indicate cautious sentiment despite stronger European market performances.
  • Which sectors are attracting the most attention this week?
    Energy, healthcare, gold mining and industrial sectors are leading market focus.
  • Why are gold companies drawing attention?
    Stronger bullion prices have increased interest across Australia's gold mining sector.

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