ASX/200 Closed Higher by 0.56%, Lifted by A-REIT

By the end of the trading session on 16 May 2025, the benchmark index S&P/ASX 200 closed higher by 0.56% and settled at 8,343.70. Out of the 11 sectors, 07 sectors ended higher along with the S&P/ASX 200.

A-REIT and Materials are the top-gaining sector, gaining 2.28% and 1.29% in their index value. On the other hand, Information Technology and Consumer Discretionary are the top-losing sector, losing 0.93% and 0.21% in their index value.

Viva Energy Group Limited (ASX: VEA) and Genesis Minerals Group Limited (ASX: GMD) are the top-gaining stocks, gaining 4.533% and 4.347% in their stock prices. On the other hand, Paladin Energy Limited (ASX:PDN) and Boss Energy Limited (ASX: BOE) are the top-losing stocks, losing 7.957% and 7.232% in their stock prices.

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Top gainer for the day:

• A-REIT  (Up 2.28%)
• Materials (Up 1.29%)

Top loser for the day:

• Information Technology  (Down 0.93%)
• Consumer Discretionary  (Down 0.21%)

Other Factors influencing the market:

• Dexus (ASX: DXS) dropped 1.1% to $7.23 after the board of Australia Pacific Airports Corporation claimed the company violated confidentiality agreements. If these allegations are proven, Dexus may be required to sell its stake in Melbourne Airport.
• Appen (ASX: APX) surged 18.7% to $1.46 after announcing its full-year revenue forecast of $235 million to $260 million, along with expectations for “positive” underlying earnings.
• Dicker Data (ASX: DDR) saw a 1.4% decline to $8.49, just ahead of the news that co-founder and CEO David Dicker would be stepping back from his role in the business.
• Insurance Australia Group (ASX: IAG) slipped 2.8% to $8.65 after UBS suggested that its acquisition of a Perth-based insurer would increase market share and contribute positively to earnings, but the bank downgraded its stock recommendation.
• Oil prices dropped for the second consecutive day following comments from President Donald Trump, who indicated that the US and Iran were edging closer to a nuclear deal, which could lead to an increase in supply as the market nears saturation.
• In US markets, major indices saw modest gains: the Dow Jones Industrial Average rose 0.65%, the S&P 500 gained 0.41%, while the NASDAQ declined 0.41%.
• The Hang Seng fell by 0.48%, while the FTSE 100 saw an increase of 0.57% today.

.Top 5 Gainers and Losers Scoreboard

90-Day Average Volume Outlier:

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