The women were sitting in a silver Vauxhall Astra car in the McDonnell Street area in the early hours of Friday morning when they were approached by four men.
The men opened the doors of the car and assaulted the women before ordering them out of the vehicle.
They then drove off in the car in the direction of Cullingtree Road.
Police said it was later recovered in Quadrant Place.
They said the women sustained minor injuries and were left badly shaken by their ordeal.
Two women in their 50s have been assaulted during a vehicle hijacking in west Belfast.