ASX/200 Closed Lower by 0.41%, Dragged down by Utilities

By the end of the trading session on 19 March 2025, the benchmark index S&P/ASX 200 closed lower by 0.41% and settled at 7,828.30. Out of 11 sectors, 08 sectors ended higher along with the S&P/ASX 200.

Healthcare and Telecommunication Services is the top-gaining sector gaining 0.54% and 0.19% in their index value. On the other hand, Utilities and A-REIT are the top-losing sectors losing 1.58% and 1.30% in their index value.

Codan Limited (ASX: CDA) and Deep Yelllow Limited (ASX: DYL) are the top-gaining stocks, gaining 6.629% and 4.477% in their stock prices. On the other hand, Helia Group Limited (ASX: HLI) and Coronado Global Resources Inc. (ASX: CRN) went down by 15.930% and 6.061% respectively are the top-losing stocks.

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Top gainer for the day:

• Healthcare (Up 0.58%)
• Telecommunication Services (Up 0.19%)

Top loser for the day:

• Utilities (Down 1.58%)
• A-REIT (Down 1.30%)

Other Factors influencing the market:

• WiseTech saw a 0.2% decline following a board review that provided additional insights into the actions of executive chairman Richard White.
• Myer experienced a 2.4% drop after reporting stagnant first-half sales. The company's net profit fell 40%, impacted by costs related to a strategic review, impairments, and other significant expenses.
• Dicker Data slipped 1.1% after CEO David Dicker offloaded a 4.6% stake, amounting to over 8 million shares, to finance his divorce settlement.
• Capricorn Metals declined 3.6% despite closing its remaining 55,000-ounce gold hedge contracts, as it aims to maximize gains from soaring bullion prices.
• Oil prices remained under pressure, as industry reports indicated an increase in US crude stockpiles, while geopolitical tensions continued to create uncertainty.
• US markets ended in positive territory, with the Dow Jones down 0.62%, the S&P 500 declining 1.07%, and the NASDAQ losing 1.71%.
• Global markets showed mixed performance, with the Hang Seng rising 0.50%, and the FTSE 100 gaining 0.29% at the time of writing.

Top 5 Gainers and Losers Scoreboard

90-Day Average Volume Outlier:

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