ASX/200 Closed Higher by 0.28%, Lifted by A-REIT

By the end of the trading session on 25 November 2024, the benchmark index S&P/ASX 200 closed higher by 0.28% and settled at 8,417.60. Out of 11 sectors, 07 sectors ended higher along with the S&P/ASX 200.

A-REIT and Healthcare are the top-gaining sectors, gaining 1.59% and 1.34% in their index value. On the other the hand, Utilities and Material is the top-losing sectors, losing 1.06% and 0.24% in their index value.

Zip Co Limited (ASX: ZIP) and Guzman Y Gomez Limited (ASX: GYG) are the top-gaining stocks, gaining 4.361% and 4.268% in their stock prices. On the other hand, Tabcorp Holdings Limited (ASX: TAH) and Bellevue Gold Limited (ASX: BGL) went down by 5.608% and 4.075% respectively are the top-losing stocks.

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Top gainer for the day:

• A-REIT (Up 1.59%)
• Healthcare (Up 1.34%)

Top loser for the day:

• Utilities (Down 4.45%)
• Materials (Down 0.24%)

Other Factors influencing the market:

• Shares of SG Fleet Group (ASX: SGF) surged 18% to $3.16 after Pacific Equity Partners proposed a takeover offer at $3.50 per share.
• Battery materials supplier Novonix (ASX: NVX) soared 30% to 96.5¢ following the announcement of an offtake agreement with PowerCo.
• Air New Zealand (ASX: AIZ) climbed 3.2% to 49¢ as the airline forecasted a return to positive first-half earnings, despite operational disruptions caused by delays in aircraft and engine deliveries in late 2024.
• Payments infrastructure company Cuscal (ASX: CUS) fell 7.6% to $2.31 on its trading debut, ending below its IPO price of $2.50.
• Dairy producer Synlait Milk (ASX: SM1) declined 4.1% to 35.5¢ despite increasing its milk price forecast for the 2024/2025 season.
• Crude oil prices remained near two-week highs on Monday, reflecting last week’s 6% gains. Rising geopolitical tensions between Western nations and oil producers Russia and Iran have heightened concerns about potential supply disruptions.
• The Dow Jones closed 0.97% higher, the S&P 500 rose by 0.35%, and the NASDAQ edged up 0.16%.
• Hong Kong’s Hang Seng Index dropped by 1.89%, while the UK’s FTSE 100 advanced by 1.38%.

Top 5 Gainers and Losers Scoreboard

90-Day Average Volume Outlier:

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