ASX/200 Closed Higher by 0.36%, Lifted by Telecommunications Services

By the end of the trading session on 28 July 2025, the benchmark index S&P/ASX 200 closed higher by 0.36% and settled at 8,697.70. Out of the 11 sectors, 08 sectors ended higher along with the S&P/ASX 200.

Telecommunications Services and Financial is the top-gaining sector, gaining 1.06% and 0.89% in their it’s value. On the other hand, Energy and Materials are the top-losing sector, losing 1.42% and 1.03% in their index value.

Magellan Financial Group limited (ASX: MFG) and Newmont Corporation (ASX: NEM) are the top-gaining stocks, gaining 4.602% and 4.487% in their stock prices. On the other hand, Boss Energy ltd (ASX: BOE) and Pilbara Minerals Limited (ASX: PLS) are the top-losing stocks, losing 43.971% and 11.689% in their stock prices.

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Top gainer for the day:

• Telecommunications Services (Up 1.06%)
• Financial (Up 0.89%)

Top loser for the day:

• Energy (Down 1.42%)
•  Materials (Down 1.03%)

Other Factors influencing the market:

• Boss Energy sank 44% to $1.91 after cautioning that it may face difficulties reaching full production levels at its Honeymoon uranium site.
• Rio Tinto dropped 1.6% to $116.95, Fortescue Metals lost 1.1%, and BHP slid 1.2% to $40.33 as Singapore iron ore futures fell 1.8% to $US101.40 per tonne.
• Pilbara Minerals dived 11.7% to $1.70, while Liontown Resources dropped 8% to 86¢ as Chinese lithium carbonate futures tumbled 8% to 73,120 yuan per tonne following a recent strong rally.
• Helloworld Travel surged 14.1% to $1.70 after raising its full-year profit forecast to a range of $58 million to $62 million, even though booking volumes were slightly subdued. The uplift was attributed to improved profit margins, a rebound in cruise bookings, and valuation gains from its investment in Webjet.
• Stealth Group rose 11% to 70.5¢ after reporting a 50% surge in pre-order sales (~$6 million) for mobile accessories tied to the upcoming Apple iPhone 17 launch.
• The Australian dollar hit a nine-month high, closing near US66¢, supported by reports from Bloomberg suggesting a likely three-month extension of the US-China tariff ceasefire ahead of the August 1 deadline set by former President Donald Trump.
• UBS Global Wealth Management CIO Mark Haefele noted that while the US-EU tariff truce has eased trade tensions, markets remain fragile.
• On the global stage, the Dow Jones gained 0.47%, the S&P 500 advanced 0.40%, and the NASDAQ climbed 0.24%.
• Meanwhile, Hong Kong’s Hang Seng Index rose 0.66%, and the FTSE 100 was marginally higher, up 0.21%.

 Top 5 Gainers and Losers Scoreboard:

 90-Day Average Volume Outlier:

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