%Mid-Market: S&P/ASX 200 Trading Higher; Mirroring US Market Gains

On 03 March 2025, at AEDT 12:30 PM, the benchmark index S&P/ASX 200 is trading higher today, gaining 28.70 points or 0.35%, and is currently trading at 8,201.10 levels. Out of 11, 8 sectors are trading higher along with the gain in the S&P/ASX 200.

The A-REIT and Healthcare sectors are the top 2 gaining sectors, gaining 1.00% and 0.84% in their index values. On the other hand, Utilities and Financials sectors are the top 2 declining sectors, declining 0.85% and 0.58% in their index values.

Pro Medicus Limited (ASX: PME) and Boss Energy Limited (ASX: BOE) are the top-gaining stocks, gaining 4.450% and 4.032% in their stock prices. On the other hand, Clarity Pharmaceuticals Limited (ASX: CU6) and NRW Holdings Limited (ASX: NWH) are the top-losing stocks and are declining by 19.102% and 12.025% in their stock prices.

Factors influencing the market-

• Australian share market is trading higher, tracking a strong session on Wall Street, even as investors prepare for what could be a volatile week in global markets.
• Pro Medicus lifted 4.45% after it signed a $40 million contract with US radiology provider LucidHealth that will see the company’s diagnostic imaging tool rolled out across LucidHealth’s network.
• Sandfire Resources Limited’s shares declined after it abandoned drilling at a Portuguese diamond site after assay results showed it did not meet the “technical requirements” to continue.
• Crypto currencies rallied on Sunday after President Donald Trump talked up digital assets including the Ripple-associated XRP token, Solana and Cardano in a post on Truth Social.
• The Dow has closed up by 1.39%, the S&P 500 closed up by 1.59%, and the NASDAQ ended higher by 1.63%.
• Hang Seng is down by 3.28%, and FTSE 100 is up by 0.61%.

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