STOCK PRICE INDEXES – AUSTRALIA

ASX winners and losers for 2025 revealed

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Original article by Cliona O’Dowd
The Australian – Page: 13 & 19 : 1-Jul-25

The benchmark S&P/ASX 200 rose 10.2 per cent in the 2024-25 financial year, posting its biggest annual gain since 2021. Ship builder Austal tops the list of best-performing stocks for 2024-25, rising by 152 per cent; it is followed by gold producers Regis Resources (up 150 per cent) and Genesis Minerals (145 per cent). Meanwhile, IDP Education recorded the biggest loss among the top-200 stocks, shedding 76 per cent; other major underperformers included Mineral Resources (down 60 per cent) and Pilbara Minerals (57 per cent). The ASX 200 ended the financial year at 8,542.3 points, and Shane Oliver from AMP says it could potentially rise to around the 8,700-point level by the end of 2025.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, AUSTAL LIMITED – ASX ASB, REGIS RESOURCES LIMITED – ASX RRL, GENESIS MINERALS LIMITED – ASX GMD, IDP EDUCATION LIMITED – ASX IEL, MINERAL RESOURCES LIMITED – ASX MIN, PILBARA MINERALS LIMITED – ASX PLS, AMP LIMITED – ASX AMP

The stocks that have ripped during Trump’s trade war

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Original article by Alex Gluyas
The Australian Financial Review – Page: 25 : 8-May-25

Australia’s benchmark S&P/ASX 200 Index has gained 11.4 per cent since it entered correction territory in the days after the Trump administration unveiled its tarrifs regime on 2 April. Uranium producer Boss Energy is amongst the stocks that have posted strong gains since the ‘Liberation Day’ tariffs announcement; it has risen by more than 47 per cent since the start of April, although the stock is still 30 per cent lower than a year ago. Other strong performers include Eagers Automotive (up 24.8 per cent since the start of April), NextDC (21.2 per cent), Pro Medicus (20.6 per cent) and Lynas Rare Earths (20.5 per cent).

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, BOSS ENERGY LIMITED – ASX BOE, EAGERS AUTOMOTIVE LIMITED – ASX APE, NEXTDC LIMITED – ASX NXT, PRO MEDICUS LIMITED – ASX PME, LYNAS RARE EARTHS LIMITED – ASX LYC

Investors pile into ASX amid Wall Street exodus

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Original article by Alex Gluyas
The Australian Financial Review – Page: 29 : 30-Apr-25

Australian-listed companies have benefited from a global shift of capital away from Wall Street in 2025, amid the turmoil caused by the Trump administration’s trade policies. Foreign investors owned a record 18 per cent of US stocks at the start of the year. However, Goldman Sachs estimates that foreign investors have sold $US60bn ($93.2bn) worth of US shares in recent weeks. Elise McKay from Pendal says this trend may have contributed to the S&P/ASX 20’s outperformance last week; it gained 2.5 per cent, while the benchmark ASX 200 rose by just 1.9 per cent.

CORPORATES
THE GOLDMAN SACHS GROUP INCORPORATED, PENDAL GROUP LIMITED, STANDARD AND POOR’S ASX 20 INDEX, STANDARD AND POOR’S ASX 200 INDEX

ASX faces bear market as profit recession looms

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Original article by Alex Gluyas
The Australian Financial Review – Page: 21 : 23-Apr-25

The S&P/ASX 200 Index has shed more than nine per cent since reaching a record high in mid-February. MST Marquee believes that the local bourse is set for a further decline; senior research analyst Hasan Tevfik says both corporate profits and economic growth are set to fall. The general consenus of market watchers is that companies in the ASX 200 will record earnings growth of about nine per cent in 2025-26, but MST anticipates a modest earnings contraction; this in turn will result in an earnings-per-share recession. Tevfik notes that Australia has experienced a bear market in each of the last six such recessions.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, MST MARQUEE

ASX’s $42b plunge seals worst start in years

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Original article by Alex Gluyas
The Australian Financial Review – Page: 25 : 1-Apr-25

Australia’s benchmark S&P/ASX 200 shed 3.9 per cent during the first quarter of 2025; this represents the local bourse’s worst start to a calendar year since the onset of the pandemic in 2020. However, Australian equities have outperformed Wall Street, with the S&P 500 having shed 5.1 per cent in the first quarter and 6.3 per cent in the month of March. Meanwhile, Matthew Sherwood from Perpetual estimates that the chances of a recession is now more than 30 per cent, adding that the Trump’s administration’s impending tariff reforms will be a key driver of the global economic outlook in the near-term.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S 500 INDEX, PERPETUAL LIMITED – ASX PPT

ASX 200 tops 8500 on Santa rally

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Original article by Joanne Tran
The Australian Financial Review – Page: 25 : 4-Dec-24

Tribeca Investment Partners portfolio manager Jun Bei Liu says the Black Friday sales should boost investor sentiment in the lead-up to Christmas. Liu notes that the S&P/ASX 200 consumer discretionary index gained seven per cent in November; it also rose by 1.2 per cent on Tuesday, contributing to the S&P/ASX 200’s rise above the 8,500-point level for the first time. Andrew Mitchell from Ophir Asset Management says Donald Trump’s presidential election win has prompted renewed optimism among investors in the US and Australia.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S ASX 200 CONSUMER DISCRETIONARY INDEX, TRIBECA INVESTMENT PARTNERS PTY LTD, OPHIR ASSET MANAGEMENT PTY LTD

WiseTech helps Aussie tech beat Nasdaq

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Original article by Joanne Tran
The Australian Financial Review – Page: 23 : 3-Dec-24

The S&P/ASX 200 Techology Index had gained 56.4 per cent so far in 2024. The index has outperformed the Australian sharemarket’s other 11 industry groups and the technology-focused NASDAQ-100 in the US, which has gained 24.4 per cent. WiseTech Global, Life360, Xero and Technology One are amongst the ASX-listed technology stocks that have rallied in 2024. Tim Riordan from Blackwattle Investment Partners says factors such as the strong financial metrics of tech stocks has bolstered investor support for the sector. He adds that concerns about the outlook for resources stocks has also prompted investors to favour the tech sector.

CORPORATES
STANDARD AND POOR’S ASX 200 TECHNOLOGY INDEX, NASDAQ, WISETECH GLOBAL LIMITED – ASX WTC, LIFE360 INCORPORATED – ASX 360, XERO LIMITED – ASX XRO, TECHNOLOGY ONE LIMITED – ASX TNE, BLACKWATTLE INVESTMENT PARTNERS PTY LTD

ASX tipped to test 8600 after shares surge

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Original article by Alex Gluyas
The Australian Financial Review – Page: 27 : 20-Nov-24

The benchmark S&P/ASX 200 briefly rose above 8,400 points for the first time on Tuesday. The local bourse’s rally has prompted Morgan Stanley to upgrade its forecast for the ASX 200 at the end of 2025 to 8,500 points; its previous year-end target was 8,100. Tony Sycamore from IG Markets is more bullish, suggesting that the ASX 200 could potentially be trading at 8,600 points by the end of next year. However, JP Morgan recently forecast that the index will fall to 7,900 points by the end of 2025.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, MORGAN STANLEY AUSTRALIA LIMITED, IG MARKETS LIMITED, JP MORGAN AUSTRALIA LIMITED

Investors call time on ASX’s record rally

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Original article by Alex Gluyas
The Australian Financial Review – Page: 25 : 23-Oct-24

The Australian sharemarket has retreated from the record high of 8,384.5 points that it reached last week. The pullback follows a gain of 20 per cent over the last year, although Wall Street has risen by 39 per cent over the same period. Meanwhile, the benchmark S&P/ASX 200’s price-earnings ratio has risen from 14.4 times to 18.3 times over the last year. There is growing speculation that the market’s rally cannot be sustained, given that earnings growth is tipped to be flat in 2024 and just five per cent in 2025.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX

Fears ASX may have peaked after killer quarter

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Original article by Joshua Peach, Joanne Tran
The Australian Financial Review – Page: 13 & 21 : 1-Oct-24

The benchmark S&P/ASX 200 gained 6.5 per cent during the September quarter, with Zip Co, Orora and Guzman y Gomez among the best-performing stocks during the period. September was also a strong month for the local bourse, which reached new record highs in seven separate trading sessions and delivered the best return for the month since 2013. However, Jason Steed from JP Morgan is amongst those who believe that the Australian sharemarket may struggle to post further gains, noting that the earnings outlook is relatively weak.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, ZIP CO LIMITED – ASX ZIP, ORORA LIMITED – ASX ORA, GUZMAN Y GOMEZ LIMITED – ASX GYG, JP MORGAN AUSTRALIA LIMITED