ASX/200 Closed Higher by 0.33%, Lifted by Energy

By the end of the trading session on 07 May 2025, the benchmark index S&P/ASX 200 closed higher by 0.33% and settled at 8,178.30. Out of the 11 sectors, 09 sectors ended higher along with the S&P/ASX 200.

Energy and Consumer Discretionary are the top-gaining sector, gaining 2.12% and 0.78% in their index value. On the other hand Healthcare and Information Technology are the top-losing sector, losing 1.47% and 0.13% in their index value.

Zip Co. Limited (ASX: ZIP) and Boss Energy Limited (ASX: BOE) are the top-gaining stocks, gaining 13.003% and 12.429% in their stock prices. On the other hand, NUIX Limited (ASX: NXL) and Lynas Rare Earths Limited (ASX: LYC) are the top-losing stocks, losing 16.034% and 4.082% in their stock prices.

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Top gainer for the day:

• Energy (Up 2.12%)
• Consumer Discretionary (Up 0.78%)

Top loser for the day:

• Healthcare (Down 1.47%)
• Information Technology (Down 0.13%)

Other Factors influencing the market:

• Nuix Limited (ASX: NXL) saw its shares drop 16.8% after the company withdrew its full-year guidance for revenue growth and underlying cash flow, citing delays from customers in committing to new IT contracts.
• Boss Energy Limited (ASX: BOE) climbed 10.2% following its presentation at the Macquarie Australia Conference, where it highlighted its strong positioning to benefit from rising triuranium octoxide prices.
• Temple & Webster Group Ltd (ASX: TPW) surged 7.2% after announcing that its full-year earnings margin is expected to reach the upper end of its projected guidance.
• Zip Co Limited (ASX: ZIP) gained 11.8% during the Macquarie Conference after revealing its 2025 cash earnings target of $153 million, indicating a substantial recovery compared to the past two years.
• AUB Group Limited (ASX: AUB) advanced 7% as the insurance broker announced that its full-year profit after tax is projected to reach the top end of its guidance range.
• Oil prices climbed further after a 3% surge in the previous session, driven by optimism as the US and China agreed to resume trade negotiations on Thursday, raising hopes for a resolution to their ongoing trade conflict.
• Wall Street ended the session with slight losses: the Dow Jones Industrial Average dipped 0.95%, the S&P 500 declined 0.77%, and the NASDAQ slid 0.87%.
• In contrast, the Hang Seng Index rose 0.51%, while the FTSE 100 edged up by 0.01%.

Top 5 Gainers and Losers Scoreboard

90-Day Average Volume Outlier:

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