ASX/200 Closed Lower by 0.58%, Dragged down by Energy

By the end of the trading session on 04 March 2025, the benchmark index S&P/ASX 200 closed lower by 0.58% and settled at 8,198.10. Out of 11 sectors, 10 sectors ended lower along with the S&P/ASX 200.

Healthcare is the top-gaining sectors gaining 0.28% in their index value. On the other hand, Energy and Utilities are the top-losing sectors losing 3.24% and 2.19% in their index value.

Lynas Rare Earths Limited (ASX: LYC) and Healius Limited (ASX: HLS) are the top-gaining stocks, gaining 2.911% and 2.651% in their stock prices. On the other hand, Boss Energy Limited (ASX: BOE) and Mineral Resources Limited (ASX: MIN) went down by 9.849% and 9.654% respectively are the top-losing stocks.

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Top gainer for the day:

• Healthcare (Up 2.02%)

Top loser for the day:

• Energy (Down 2.24%)
• Utilities (Down 2.19%)

Other Factors influencing the market:

• Chinese stocks declined after former U.S. President Donald Trump signed an order to raise tariffs on the country, heightening investor caution ahead of a key meeting in Beijing this week.
• Lithium mining stocks were among the biggest losers on Tuesday, as Trump’s tariff hike on China compounded existing challenges for the metal.
• DigiCo Infrastructure REIT fell 5.1% to $4.10, despite E&P Capital initiating coverage with a “positive” rating and a price target of $5.13, indicating a potential 20% upside from current levels.
• Oil prices continued their decline on Tuesday, following Trump’s decision to halt military aid to Ukraine, while markets anticipated the impact of new U.S. tariffs on Canada, Mexico, and China.
• Gold held steady after recent gains, as Trump reaffirmed plans to impose tariffs on key trading partners, fueling concerns about the global economy and increasing demand for safe-haven assets.
• Major Wall Street indices ended lower, with the Dow Jones falling 1.48%, the S&P 500 down 1.76%, and the NASDAQ dropping 2.64%. 
• Meanwhile, the Hang Seng edged down 0.01%, while the FTSE 100 gained 0.70%.

Top 5 Gainers and Losers Scoreboard

90-Day Average Volume Outlier:

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