ASX/200 Closed Higher by 0.16%, Lifted by Consumer Staples

By the end of the trading session on 28 March 2025, the benchmark index S&P/ASX 200 closed lower by 0.16% and settled at 7,982.00. Out of 11 sectors, 04 sectors ended lower along with the S&P/ASX 200.

Consumer Staples and Energy are the top-gaining sector gaining 0.91% and 0.81% in their index value. On the other hand, Information Technology and A-REIT are the top-losing sectors losing 2.16% and 1.60% in its index value.

Ramelius Resources Limited (ASX: RMS) and Spartan Resources Limited (ASX: SPR) are the top-gaining stocks, gaining 6.926% and 6.301% in their stock prices. On the other hand, Orora Limited (ASX: ORA) and Light and Wonder Inc. (ASX: LNW) went down by 8.397% and 7.138% respectively are the top-losing stocks.

Copyright © 2022 Kapitales Research

Top gainer for the day:

• Consumer Staples (Up 0.91%)
• Energy (Up 0.81%)

Top loser for the day:

• Information Technology (Down 2.16%)
• A-REIT (Down 1.60%)

Other Factors influencing the market:

• Strickland Metals Ltd (ASX: STK) surged 25% to $0.10 after the gold exploration company announced that a fifth drilling rig had begun operations at its Serbian site, where mineral deposits have been identified.
• Paladin Energy Limited (ASX: PDN) declined 4.1% to $5.42, continuing its downward trend for the week after retracting its 2025 production forecast due to heavy rainfall at its Langer Heinrich mine in Namibia. This drop came despite Macquarie upgrading the stock to an “outperform” rating.
• Corporate Travel Management Ltd (ASX: CTD) fell 3% to $14.52 following the resignation of Greg McCarthy, CEO for Australia and New Zealand, after serving in the role for seven years.
• Incitec Pivot Limited (ASX: IPL) slid 1.5% to $2.64 as adverse weather conditions delayed sales and production in its fertiliser and explosives segments. However, the company anticipates recovering lost revenue in the second half of the financial year.
• Oil prices are on track for a third consecutive weekly gain as markets prepare for additional tariffs expected from the U.S. government early next week.
• Wall Street: The Dow Jones fell 0.37%, the S&P 500 declined 0.33%, and the NASDAQ dropped 0.53%.
• Other Markets: The Hang Seng Index is down 1.36%, while the FTSE 100 slipped 0.27% today.

Top 5 Gainers and Losers Scoreboard

90-Day Average Volume Outlier:

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com