Market Alert: ASX200 at Critical Support – Reversal or Further Fall?

ASX/200 Closed Lower by 2.44%, Dragged down by Energy

Apr 04, 2025

By the end of the trading session on 04 April 2025, the benchmark index S&P/ASX 200 closed lower by 2.44% and settled at 7,667.80. Out of 11 sectors, 10 sectors ended lower along with the S&P/ASX 200.

Consumer Staples is the top-gaining sector, gaining 2.42% in their index value. On the other hand, Energy and Information Technology are the top-losing sectors, losing 8.00% and 6.42% in their index value.

Capricorn Metals Limited (ASX: CMM) and Coles Group Limited (ASX: COL) are the top-gaining stocks, gaining 5.217% and 4.140% in their stock prices. On the other hand, Amotiv Limited (ASX: AOV) and Zip Co. Limited  (ASX: LTR) went down by 16.724% and 13.759% respectively are the top-losing stocks.

Copyright © 2022 Kapitales Research

Top gainer for the day:

  • Consumer Staples (Up 2.42%)

Top loser for the day:

  • Energy (Down 8.00%)
  • Information Technology  (Down 6.42%)

Other Factors influencing the market:

  • Amotiv’s stock plunged 16.7% to $7.32, even after the company assured that tariffs would have no significant financial impact.
  • Ansell Limited (ASX: ANN), a leading medical glove manufacturer, gained 3% to $30.22 after reaffirming its commitment to completely offset tariff-related costs through strategic pricing adjustments.
  • Jarden Securities upgraded Fisher & Paykel Healthcare’s rating to neutral, citing expectations of a $NZ30 million ($27.49 million) tariff impact—significantly lower than its previous $NZ100 million estimate.
  • Breville Group recorded the steepest decline, tumbling 11.5%, as concerns grew over the impact of Trump’s country-specific tariffs on its manufacturing operations.
  • OPEC+, long recognized as a steadfast supporter of elevated oil prices, abruptly shifted its stance this week, reversing its role in a matter of moments.
  • US markets showed a mixed trend, with the Dow Jones slipping 3.98%, the S&P 500 losing 4.84%, and the NASDAQ dropping 5.97%.
  • Global indices also faced pressure, with Hong Kong’s Hang Seng down 1.52% and the FTSE 100 declining 1.55%.

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