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

ASX/200 Closed Higher by 0.17%, Lifted by Healthcare

Apr 15, 2025

By the end of the trading session on 15 April 2025, the benchmark index S&P/ASX 200 closed higher by 0.17% and settled at 7,761.70. Out of 11 sectors, 04 sectors ended higher along with the S&P/ASX 200. Healthcare and Financial are the top-gaining sectors, gaining 1.34% and 0.48% in their index values. Meanwhile, Consumer Staples and Information Technology is the top-losing sector, losing 1.01% and 0.98% in their index values. Iluka Resources Limited (ASX: ILU) and Clarity Pharmaceuticals Limited (ASX: CU6) are the top-gaining stocks, gaining 5.232% and 4.871% in their stock prices. On the other hand, Bellevue Gold Limited (ASX: BGL) and Pinnacle Investment Management Group Limited (ASX: PNI) are the top-losing stocks, losing 21.835% and 4.986% in their stock prices.

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Top gainer for the day:

  • Healthcare (Up 1.34%)
  • Financial (Up 0.48)

Top loser for the day:

  • Consumer Staples (Down 1.01%)
  • Information Technology (Down 0.98%)

Other Factors influencing the market:

  • Collins Foods Limited (ASX: CKF) saw its share price decline by 7.7% to $8 after revealing plans to withdraw the Taco Bell brand from the Australian market. This move is part of a broader strategic overhaul by the company as it realigns its operations.
  • Perpetual Limited (ASX: PPT) fell 1.4% to $17.19 at the time of writing, following a sharp rise in net outflows to $8.9 billion in the third quarter—more than double the previous quarter. 
  • Accent Group Limited (ASX: AX1) gained 4.7% to $1.90 after disclosing plans to bring UK-based sports retail brand Sports Direct to Australia and New Zealand. The initiative is part of a new collaboration with Frasers Group, which is listed on the London Stock Exchange.
  • Meanwhile, UBS AG lowered its 2024 growth forecast for China to 3.4%, the most bearish among major global financial institutions. The downgrade reflects the anticipated impact of US tariffs on China’s export performance, further dampening market sentiment.
  • In commodities, oil prices edged higher after a muted start to the week, as traders assessed ongoing developments in the US-China trade landscape and speculated on potential easing of restrictions on Iranian oil.
  • In the broader markets, US equities delivered modest gains overnight. The Dow Jones Industrial Average rose 0.78%, the S&P 500 increased by 0.79%, and the NASDAQ climbed 0.64%. 
  • In today’s global trading session, Hong Kong’s Hang Seng Index declined 0.23%, while the UK’s FTSE 100 advanced by 2.14%.

Top 5 Gainers and Losers Scoreboard

90-Day Average Volume Outlier:

 

 

 

 

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