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Daily-Wrap

ASX 200 jumps 0.7% amid broad-based rally; Materials outperform

Index Update:The Australian equities rebounded strongly on Wednesday with the benchmark S&P/ASX 200 gaining around 0.7%, to 8,737.20 points, just 0.45% shy of its 52-week high. Over the past five trading days, the index surged 2.05% in total ascent. Sectoral strength was almost universal, …

Team Kalkine | 23 July 2025

ASX edges higher as Materials shine

Index Update:The S&P/ASX 200 closed modestly higher on Tuesday, rising 9.00 points or 0.10% to finish at 8,677.20. The index has gained 0.54% over the past five sessions and remains 1.13% below its 52-week high. Sector performance was mixed, with gains in Materials (+2.37%) …

Team Kalkine | 22 July 2025

ASX 200 slumps 1.02% as banks witness selloff on valuation concerns

Index Update:The Australian share market posted its sharpest one-day fall since April, as investors offloaded major bank stocks amid fears of overvaluation. The S&P/ASX 200 dropped 89.00 points, or 1.02%, to close at 8,668.20 on Monday, retreating from a fresh 52-week high. Financials led …

Team Kalkine | 21 July 2025

ASX 200 Jumps 1.37% as Health Care and Materials Lead Rally

Index Update:The S&P/ASX 200 surged 1.37% or 118.20 points on Friday to close at 8,757.20, marking a new 100-day high. The benchmark index rose 2.06% over the past five sessions and now sits just 0.22% below its 52-week peak. All eleven sectors closed in …

Team Kalkine | 18 July 2025

ASX Hits Fresh High as Rate Cut Bets Rise on Soft Jobs Data

Index Update:Australian shares surged to a record high on Thursday, driven by higher gains in financials and industrials, as weaker-than-expected jobs data raised expectations of a near-term interest rate cut. The S&P/ASX 200 jumped 77.20 points, or 0.90%, to close at 8,639.00, marking a …

Team Kalkine | 17 July 2025

ASX 200 slips 0.79% amid broad-based selloff

Index Update:The S&P/ASX 200 slipped on Wednesday, losing 68.50 points or 0.79% to close at 8,561.80, retreating after touching a new 20-day high. Despite the pullback, the index has edged up 0.27% over the past five sessions and remains just 0.89% below its 52-week …

Team Kalkine | 16 July 2025

Tech, Healthcare stocks push ASX 200 to record high

Index Update:The Australian equity benchmark closed higher on Tuesday, driven by gains in technology and healthcare stocks. The S&P/ASX 200 rose 59.90 points, or 0.70%, to finish at 8,630.30, marking a fresh record high. Over the last five days, the index has gained 0.46% …

Team Kalkine | 15 July 2025

ASX 200 edges lower as trade tensions weigh

Index Update:The S&P/ASX 200 closed lower on Monday, slipping 9.70 points or 0.11% to finish at 8,570.40, after a volatile session that saw the index recover briefly in the afternoon following early losses. Market sentiment wavered as investors digested comments from U.S. President Donald …

Team Kalkine | 14 July 2025

ASX 200 Slips as Trade Tensions Rise; Materials Sector Outperforms

Index Update:The S&P/ASX 200 closed lower on Friday, slipping 9.10 points or 0.11% to settle at 8,580.10, after briefly trading above 8,600 in early trading. The index reversed gains as renewed trade tensions weighed on sentiment following comments from US President Donald Trump. Over …

Team Kalkine | 11 July 2025

ASX 200 Nears Record High as Mining Stocks Surge on China Optimism

Index Update:The S&P/ASX 200 closed higher on Thursday, advancing 50.60 points or 0.59% to finish at 8,589.20, moving above its 20-day moving average. The index neared record territory, buoyed by a positive lead from Wall Street after the US Federal Reserve maintained a dovish …

Team Kalkine | 10 July 2025
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