Market Overview
The S&P/ASX 200 closed up Tuesday, gaining 13.50 points or 0.16% to 8,379.40 after setting a new 100-day low. Over the last five days, the index has lost 2.73% and 3.84% year to date. Materials led the advance amid strength in select miners.
Index & Breadth
The S&P/ASX 200 closed at 8,379.40, up 13.50 points or 0.16%.
Sectors
- Materials +2.87%, boosted by gains in mining stocks like Genesis Minerals and PLS Group.
- Information Technology -1.56%, weighed down by broader sector selling.
- Financial -1.30%, dragged by declines in banks including NAB.
- Utilities +1.22%, showing resilience in defensive plays.
- Health Care -0.80%, under pressure from mixed performer updates.
Stock Highlights
Standout Gainers
- GMD Genesis Minerals Limited +6.915% to 5.720, leading ASX 200 gainers on strong momentum.
- PLS PLS Group Limited +6.572% to 4.540, riding mineral sector tailwinds.
- LTR Liontown Limited +6.529% to 1.550, benefiting from lithium demand signals.
- IGO IGO Limited +5.933% to 7.320, supported by battery metals rally.
Underperformers
- DRO Droneshield Limited -6.789% to 3.570, hit by profit-taking in defence tech.
- GYG Guzman y Gomez Limited -4.859% to 16.450, facing consumer spending headwinds.
- NAB National Australia Bank Limited -4.448% to 42.750, pressured by banking sector rotation.
- JDO Judo Capital Holdings Limited -3.909% to 1.475, impacted by financials weakness.
Commodities & FX
Gold buy price $6,333.98/oz, silver buy price $102.53/oz, platinum buy price $2,779.99/oz, palladium buy price $2,204.48/oz. AUD/USD at 0.6966. Precious metals held firm, supporting ASX materials amid global uncertainty.
Takeaways
- S&P/ASX 200 up 0.16% or 13.50 points to 8,379.40, with Materials +2.87% topping sectors.
- Top gainers GMD +6.915%, PLS +6.572%, LTR +6.529% in mining.
- Bottom performers DRO -6.789%, GYG -4.859%, NAB -4.448%.
- Five-day index loss of 2.73%, year-to-date down 3.84%.
- Gold at $6,333.98/oz buy price with AUD/USD 0.6966.
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