Mid-Market: S&P/ASX 200 Sharply Lower By 0.37%; Inflation Tops Forecasts At 7.8%

Jan 25, 2023

On 25 January 2023, at AEDT 12:05 PM, the benchmark index S&P/ASX 200 is trading lower today, declining 27.40 points or 0.37%, and is currently trading at 7,463.00 levels. Out of 11 sectors, 5 sectors are trading lower along with the S&P/ASX 200.

The Utilities and Consumer Discretionary sectors are the top 2 gaining sectors, gaining 0.75% and 0.46% in their index values. On the other hand, the Healthcare and Information Technology sectors are the top 2 losing sectors, declining 0.35% and 0.26% in their index values.

Monadelphous Group Limited (ASX: MND) and Sandfire Resources Limited (ASX: SFR) are the top-gaining stocks, gaining 4.545% and 4.523% in their stock prices. On the other hand, West African Resources Limited (ASX: WAF) and Mineral Resources Limited (ASX: MIN) are the top-losing stocks and are declining by 5.709% and 4.093% in their stock prices.

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