The S&P/ASX200 closed slightly higher today, gaining 3.90 points to finish at 7,940.80. Gold Road Resources Ltd and Life360 Inc. led the market, surging 15.51% and 5.16% respectively.
Despite today’s modest rise, the index has climbed 1.02% over the last five days but remains 2.68% lower for the year.
Figure 1: ASX (25 March, 2025)
Gold Road Leads Top Gainers
Gold Road Resources Ltd (ASX: GOR) soared 15.51% to $2.83, asx200 making it the best-performing stock of the day. The company’s strong move follows increased trading volume, with 12.01 million shares changing hands—309% higher than its 90-day average.
Imricor Medical Systems Inc (ASX: IMR) followed closely, asx200 jumping 8.90% to $1.53. AMA Group Ltd (ASX: AMA) also posted a solid gain, rising 7.14% to $0.06.
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Other notable gainers included:
- Clearview Wealth Ltd (ASX: CVW) – Up 6.59% to $0.485
- Catalyst Metals Ltd (ASX: CYL) – Up 6.09% to $4.88
- Nexgen Energy (Canada) Ltd (ASX: NXG) – Up 5.77% to $8.25
- Australian Finance Group Ltd (ASX: AFG) – Up 5.75% to $1.7025
- Southern Cross Gold Consolidated Ltd (ASX: SX2) – Up 5.57% to $4.74
Synlait Milk Leads Market Declines
Synlait Milk Ltd (ASX: SM1) faced the steepest drop today, sinking 15.53% to $0.68. The dairy company has struggled with weak demand and operational challenges.
Smart Parking Ltd (ASX: SPZ) also took a hit, falling 7.90% to $0.70. LGI Ltd (ASX: LGI) followed closely, slipping 7.56% to $2.69.
Other significant losers included:
- Droneshield Ltd (ASX: DRO) – Down 6.64% to $0.985
- Aurelia Metals Ltd (ASX: AMI) – Down 5.77% to $0.245
- Summerset Group Holdings Ltd (ASX: SNZ) – Down 5.71% to $10.24
- James Hardie Industries Plc (ASX: JHX) – Down 5.00% to $38.00
Sectors See Mixed Performance
Six out of eleven sectors posted gains today, with Information Technology leading the way at +2.05%. Health Care followed with a 0.87% rise, while Real Estate, Industrials, Energy, and Consumer Discretionary saw smaller gains.
On the downside, Financials dipped 0.03%, while Telecommunications, Materials, Utilities, and Staples saw steeper declines. Staples was the worst performer, slipping 0.75%.
Unusual Volume Spikes
Several stocks saw massive trading volume increases today. asx200 James Hardie Industries Plc (ASX: JHX) recorded a 926% surge in volume, with 6.67 million shares traded. Helia Group Limited (ASX: HLI) followed with a 340% increase, while Gold Road Resources Ltd (ASX: GOR) saw a 309% spike in volume.
Other notable volume outliers included:
- IDP Education Limited (ASX: IEL) – Up 279%
- Washington H Soul Pattinson & Co Ltd (ASX: SOL) – Up 261%
Outlook for the ASX200
Despite today’s gains, the ASX200 remains under pressure amid concerns over global economic conditions. The market’s performance will likely depend on upcoming inflation data, corporate earnings, and global economic trends.
Investors continue to monitor key sectors, especially gold and energy stocks, which have seen heightened activity in recent weeks.
