Market Overview
The S&P/ASX 200 closed up 106.00 points or 1.17% at 9,128.30, setting a new 100-day high with an intraday peak of 9,130.3 points. The index spent the entire session in positive territory, driven by strong performances in tech and consumer staples sectors following positive US market cues where the Dow rose 0.76% and Nasdaq gained 1.04%. Over the last five days, the index has gained 1.35% and sits 0.02% off its 52-week high.
Index & Breadth
The S&P/ASX 200 closed at 9,128.30, up 106.00 points or 1.17%, with an intraday range reaching a high of 9,130.3 points.
Sectors
- Information Technology +5.88%, led by broad strength in tech stocks amid optimistic market sentiment.
- Consumer Staples +5.67%, boosted by earnings from Woolworths Group Ltd.
- Materials +2.68%, supported by demand for mining and gold shares with the All Ordinaries Gold Index up 2.02%.
- Telecommunications Services -1.47%, the weakest performer as communications stocks declined.
- Utilities -0.70%, lagging amid broader gains elsewhere.
- Consumer Discretionary -0.38%, showing mild underperformance.
Stock Highlights
Standout Gainers
- TAH Tabcorp Holdings Limited +23.53% to $1.05, driven by earnings that exceeded expectations.
- HLI Helia Group Limited +16.36% to $6.26, amid strong sector momentum.
- ARB ARB Corporation Limited +14.04% to $24.36, benefiting from positive market breadth.
- WOW Woolworths Group Limited +12.97% to $35.63, following robust earnings results.
Underperformers
- DMP Domino’s Pizza Enterprises Limited -11.08% to $19.27, facing profit-taking pressures.
- VEA Viva Energy Group Limited -6.95% to $1.74, impacted by energy sector volatility.
- MND Monadelphous Group Limited -5.40% to $30.68, amid industrials rotation.
Commodities & FX
Gold buy price at $7,329.90/oz, silver at 131.13/oz, platinum at $3,267.61/oz, and palladium at $2,692.58/oz. AUD/USD at 0.7110. Precious metals held firm supporting materials sector gains including the All Ordinaries Gold Index up 2.02%.
Takeaways
- S&P/ASX 200 surged 1.17% to 9,128.30, hitting intraday high of 9,130.3 points.
- Information Technology led with +5.88%, while Telecommunications Services fell -1.47%.
- TAH rocketed 23.53% to $1.05 on blowout earnings.
- Consumer Staples +5.67% driven by WOW +12.97% to $35.63.
- Five-day gain of 1.35% positions index 0.02% from 52-week high.
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