Market Alert: S&P/ASX 200 Nearing All - Time High – Tactical Positioning Advised Amid Geopolitical Tensions

ASX/200 Closed Higher by 0.63%, Lifted by Financial

Jun 03, 2025

By the end of the trading session on 03 June 2025, the benchmark index S&P/ASX 200 closed higher by 0.63% and settled at 8,466.70. Out of the 11 sectors, 09 sectors ended higher along with the S&P/ASX 200.

Financial and Consumer Staples is the top-gaining sector, gaining 1.24% and 0.80% in their it’s value. On the other hand, Healthcare and Consumer Discretionary are the top-losing sector, losing 0.37% and 0.11% in their index value.

Tabcorp Holdings Limited (ASX: TAH) and Judo Capital Holdings Limited (ASX: JDO) are the top-gaining stocks, gaining 5.797% and 5.776% in their stock prices. On the other hand, IDP Education Limited (ASX: IEL) and Mineral Resources Limited (ASX: MIN) are the top-losing stocks, losing 48.059% and 5.516% in their stock prices.

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Top gainer for the day:

  • Financial (Up 1.24%)
  • Consumer Staples (Up 0.80%)

Top loser for the day:

  • Healthcare (Down 0.37%)
  • Consumer Discretionary (Down 0.11%)

Other Factors influencing the market:

  • IDP Education Limited (ASX: IEL) saw its share price plummet by 48.1% to $3.88, marking the steepest decline on the bourse. The company cited global policy uncertainty as a key factor affecting its student enrolment pipeline and announced it would undertake a review of its cost structure and profitability.
  • Tasmea Limited (ASX: TSM) surged 8.6% to $3.15 following the announcement of a special dividend of 12 cents per share, which boosted investor sentiment.
  • Shares of Domino’s Pizza Enterprises Limited (ASX: DMP) dropped 2.2% to $21.76 after the company revealed several leadership changes in its Japanese operations. The shake-up is part of a broader strategy aimed at enhancing operational execution in the region.
  • Meanwhile, investment heads managing trillions in retirement assets are considering a significant shift in their foreign currency exposure strategies in response to volatility stemming from former U.S. President Donald Trump’s unpredictable trade policies.
  • China’s manufacturing sector contracted, reaching its lowest level since September 2022, based on a private survey. Although trade volumes have improved, the broader economy continues to face headwinds from sluggish domestic demand.
  • Crude oil prices rose, buoyed by OPEC+ delivering a smaller-than-expected production increase and rising geopolitical tensions in both Ukraine and Iran.
  • In global equities, markets ended on a mixed note. The Dow Jones Industrial Average edged up by 0.08%, while the S&P 500 gained 0.41%, and the NASDAQ Composite advanced by 0.67%.
  • In Asia, the Hang Seng Index climbed 1.40% today, reflecting a positive start to the trading session in the region.

Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

 

 

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