ASX 200 rises 0.75% [2:44 pm AEDT]
As of 1 April 2025, 2:44 pm AEDT, the S&P/ASX 200 index rose by 59.20 points, or 0.75%, reaching 7,902.60. This increase occurred despite the index crossing below its 20-day moving average.
Top Performers Drive Market Upwards
Leading the charge were Helia Group Limited (HLI) and Deterra Royalties Limited (DRR), with gains of 4.386% and 3.611%, respectively. Other notable performers included Sims Limited (SGM) up 2.870%, Beach Energy Limited (BPT) rising 2.787%, and BlueScope Steel Limited (BSL) increasing by 2.772%.
Sectors Show Broad-Based Strength
All 11 sectors recorded gains alongside the S&P/ASX 200 index. Real Estate led with a 1.89% increase, followed by Utilities at 1.78%, and Telecommunication Services at 1.26%. Materials and Energy sectors also showed robust growth, rising 1.24% and 1.17%, respectively.
Market Outlook Amid Global Influences
Despite today’s positive movement, the ASX 200 has faced challenges, losing 0.50% over the past five days and 0.07% over the last 52 weeks. Recent global market volatility, including a significant drop in US markets due to higher-than-expected inflation readings, has influenced investor sentiment. However, rising commodity prices, particularly in gold and iron ore, may offer support to the Australian market. citeturn0news23
Investor Considerations Moving Forward
Investors are advised to monitor global economic indicators and sector-specific developments. Diversifying portfolios and focusing on sectors demonstrating resilience, such as Real Estate and Utilities, may help navigate ongoing market fluctuations.
