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Daily-Wrap

ASX edges higher; Financials outperform

Index Update:The ASX remained largely flat on Wednesday, closing up just 3.70 points at 8,559.20, despite the US market closing green last night. Over the past week, the S&P/ASX 200 has gained 0.33% and sits 0.92% below its 52-week high. Despite the overall index …

Team Kalkine | 25 June 2025

ASX 200 gains 0.95% amid Iran-Israel ceasefire optimism

Index Update:The Australian stock saw a notable rebound as investors reacted to a tentative ceasefire between Iran and Israel, announced by US President Donald Trump. The S&P/ASX 200 Index climbed 80.60 points, or 0.95%, to close at 8,555.50 on Tuesday, moving above its 20-day …

Team Kalkine | 24 June 2025

ASX 200 extends losses on rising geopolitical tensions

Index Update:The Australian share market extended losses to a fifth day on Monday as investors weighed rising geopolitical tensions following U.S. strike on Iran’s nuclear sites over the weekend. The S&P/ASX 200 dropped 30.60 points, or 0.36%, to close at 8,474.90, slipping below its …

Team Kalkine | 23 June 2025

ASX 200 Retreats Amid Iran Strike Fears, Weekly Decline at 0.49%

Index Update:The Australian share market recorded its lowest level in over two weeks on Friday, with the S&P/ASX 200 falling 18.20 points or 0.21% to 8,505.50, as investors grew cautious over rising geopolitical tensions. The index dropped 0.49% for the week and now sits …

Team Kalkine | 20 June 2025

ASX 200 Falls Amid Mining Sell-Off; Financials Show Resilience

Index Update:The Australian sharemarket closed slightly lower on Thursday, weighed down by a broad sell-off in mining stocks, with the sector down by 1.78%. The benchmark S&P/ASX 200 index slipped 7.50 points to finish at 8,523.70. Over the past five trading days, the index …

Team Kalkine | 19 June 2025

ASX 200 Extends losses as Materials drag

Index Update:The Australian share market ended lower on Wednesday as renewed geopolitical tensions added to global uncertainty. Market sentiment was impacted by developments at the G7 summit and cautious commentary on international relations, leading to broader declines across global equities and fluctuation in oil …

Team Kalkine | 18 June 2025

Australian shares extend losses amid geopolitical tensions

Index Update:The Australian share market closed slightly lower on Tuesday, following a volatile session marked by geopolitical uncertainty. The S&P/ASX 200 slipped 7.10 points to end at 8,541.30, after US President Donald Trump’s social media post urging evacuation of Tehran triggered nervous trading across …

Team Kalkine | 17 June 2025

ASX 200 edges higher as Energy stocks rally on rising oil prices

Index Update:Australian shares edged slightly higher on Monday, supported by a rally in energy stocks following a spike in oil prices. The S&P/ASX 200 index ended the session up just 1.00 point, closing at 8,548.40. Over the past five trading days, the benchmark has …

Team Kalkine | 16 June 2025

ASX 200 Slips Amid Escalating Middle East Tensions; Energy Stocks Shine

Index Update:The S&P/ASX 200 closed lower on Friday, slipping 17.70 points or 0.21% to finish at 8,547.40. The decline followed news of Israel's attack on Iran’s nuclear sites, heightening geopolitical tensions. The index has gained 0.37% over the past five sessions and sits just …

Team Kalkine | 13 June 2025

ASX 200 Dips Amid Mixed Signals from US-China Trade Agreement

Index Update:TheAustralian equities market closed lower on Thursday, as declines in the materials, financial, and consumer sectors weighed on performance. The S&P/ASX 200 shed 27.00 points, or 0.31%, to close at 8,565.10, retreating slightly after reaching a new 52-week high earlier in the session. …

Team Kalkine | 12 June 2025
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