ASX/200 Closed Higher by 0.33%, Lifted by Consumer Staples

By the end of the trading session on 27 February 2025, the benchmark index S&P/ASX 200 closed higher by 0.33% and settled at 8,268.20. Out of 11 sectors, 08 ended higher along with the S&P/ASX 200.

Consumer Staples and Materials are the top-gaining sectors, gaining 1.55% and 0.98% % in their index value. On the other hand, Healthcare and Information Technology is the top-losing sector, losing 1.07% and 1.01% in their index value.

Eagers Automotive Limited (ASX: APE) and Medibank Private Limited (ASX: MPL) are the top-gaining stocks, gaining 19.919% and 9.950% in their stock prices. On the other hand, Perpetual Limited (ASX: PPT) and IDP Education Limited (ASX: IEL) went down by 9.216% and 7.549% respectively are the top-losing stocks.

Copyright © 2022 Kapitales Research

Top gainer for the day:

• Consumer Staples (Up 1.55%)
• Materials (Up 0.98%)

Top loser for the day:

• Healthcare (Down 1.07%)
• Information Technology (Down 1.01%)

Other Factors influencing the market:

• Perpetual Limited saw its shares decline by 9% after reporting a 65% drop in interim net profit, falling from $34.5 million to $12 million. The downturn was primarily driven by a $25.2 million impairment on fund assets.
• Eagers Automotive Limited surged 21.9%, despite posting a 25% decline in profit. The car dealership group stated that it had outperformed the broader market, fueling investor confidence.
• IDP Education Limited (ASX: IEL) saw its shares plummet 11.11% as earnings dropped 40% to $29.7 million, reflecting challenges from a declining international student market, which significantly impacted its English language teaching and student placement business.
• Medibank Private Limited gained 10.3% after announcing an interim dividend increase to 7.8¢, up 8.3%. However, the company also warned that Australian resident policyholder growth may slow due to rising cost-of-living pressures, leading to higher lapse and fund-switching rates.
• Oil prices remained steady, hovering near their lowest levels this year, as trade tariff threats from former U.S. President Donald Trump and ongoing supply concerns continued to weigh on market sentiment.
• The Dow Jones declined 0.43% as investors reacted to market uncertainties, the S&P 500 remained almost flat, edging up 0.01%  amid mixed corporate earnings and the NASDAQ slipped 0.26% , weighed down by losses in the tech sector.
• The Hang Seng fell 0.91%, reflecting concerns over economic slowdown in China and the FTSE 100 gained 0.72%, supported by strength in energy and financial stocks.

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