ASX/200 Closed Higher by 1.16%, Lifted by Information Technology

By the end of the trading session on 20 March 2025, the benchmark index S&P/ASX 200 closed higher by 1.16% and settled at 7,918.90. Out of 11 sectors, 09 sectors ended higher along with the S&P/ASX 200.

Information Technology and A-REIT is the top-gaining sector gaining 2.42% and 2.13% in their index value. On the other hand, Materials and Utilities are the top-losing sectors losing 0.63% and 0.19% in their index value.

Boss Energy Limited (ASX: BOE) and Mesoblast Limited (ASX: MSB) are the top-gaining stocks, gaining 8.433% and 6.796% in their stock prices. On the other hand, Judo Capital Holsings Limited (ASX: JDO) and James Hardie Industries PLC (ASX: JHX) went down by 6.200% and 4.779% respectively are the top-losing stocks.

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Top gainer for the day:

• Information Technology (Up 2.42%)
• A-REIT (Up 2.13%)

Top loser for the day:

• Materials (Down 0.63%)
• Utilities (Down 0.19%)

Other Factors influencing the market:

• Nanosonics surged 12.4% after receiving approval from U.S. regulators for its innovative tool designed to disinfect endoscopes in hospitals, reducing infection risks.
• Arafura Rare Earths climbed 9.2% after securing a five-year agreement to supply 100 tonnes annually of neodymium-praseodymium oxide to Luxembourg-based Traxys.
• Cleanaway Waste Management announced the $377 million acquisition of Contract Resources, expecting approximately $12 million in annual net cost synergies, driving its shares up 3.2%.
• NRW Holdings advanced 3.2% as its subsidiary, Primero Group, secured a 12-month, $100 million contract for procurement and construction at Rio Tinto’s Dampier seawater desalination project.
• TPG Telecom gained 4.3% after receiving regulatory approval to proceed with the $5.25 billion sale of its fibre networks to Vocus Group.
• Oil prices inched higher as investors assessed U.S. economic growth prospects, following the Federal Reserve’s decision to maintain interest rates, alongside data reflecting strong fuel consumption.
• Wall Street closed higher, with the Dow Jones up 0.92%, the S&P 500 rising 1.08%, and the NASDAQ gaining 1.41%.
• The Hang Seng Index declined 1.24%, while the FTSE 100 edged up 0.02%.

Top 5 Gainers and Losers Scoreboard

90-Day Average Volume Outlier:

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