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

On 18 March 2025, at AEDT 12:30 PM, the benchmark index S&P/ASX 200 is trading higher today, gaining 28.70 points or 0.37%, and is currently trading at 7,882.80 levels. All 11 sectors are trading higher along with the gain in the S&P/ASX 200. The A-REIT and Energy sectors are the top 2 gaining sectors, gaining 1.20% and 1.12% in their index values.

Clarity Pharmaceuticals Limited (ASX: CU6) and New Hope Corporation Limited (ASX: NHC) are the top-gaining stocks, gaining 12.204% and 10.540% in their stock prices. On the other hand, Gold Road Resources Limited (ASX: GOR) and Audinate Group Limited (ASX: AD8) are the top-losing stocks and are declining by 4.167% and 2.436% in their stock prices.

Factors influencing the market-

• Australian shares are rising for a third consecutive day after all three US equity benchmarks lifted from an uptick in retail sales, a key barometer for consumer confidence.
• New Hope Corporation Limited’s shares are rallying after it boosted interim profit by more than a third, lifted its dividend to 19¢ and announced a $100 million share buyback.
• Gold Road Resources dropped more than 4% after it warned of lower expected output from its Gruyere joint venture in the March quarter owing to the failure of two conveyor belts and unforeseen maintenance.
• Iron ore fell below US$102 a tonne on Tuesday after mixed economic data from China and new measures to boost consumption failed to impress traders.
• The Dow has closed up by 0.85%, the S&P 500 closed up by 0.64%, and the NASDAQ ended higher by 0.31%.
• Hang Seng is up by 0.77%, and FTSE 100 is up by 0.56%.

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