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ASX/200 Closed Lower by 0.02%, Dragged Down by Telecommunications Services

Jul 03, 2025

By the end of the trading session on 03 July 2025, the benchmark index S&P/ASX 200 closed lower by 0.02% and settled at 8,595.80. Out of the 11 sectors, 08 sectors ended lower along with the S&P/ASX 200.

Materials and Energy is the top-gaining sector, gaining 3.02% and 0.83% in their it’s value. On the other hand, Telecommunications Services and Financial are the top-losing sector, losing 1.47% and 1.27% in their index value.

Pilbara Minerals Limited (ASX: PLS) and Whitehaven Coal Limited (ASX: WHC) are the top-gaining stocks, gaining 11.313% and 8.199% in their stock prices. On the other hand, Boss Energy Limited (ASX: BOE) and  Mesoblast Limited (ASX: MSB) are the top-losing stocks, losing 5.856% and 3.583% in their stock prices.

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Top gainer for the day:

  • Materials  (Up 3.02%)
  • Energy (Up 0.83%)

Top loser for the day:

  • Telecommunications Services (Down 1.47%)
  • Financial (Down 1.27%)

Other Factors influencing the market:

  • Pro Medicus Limited (ASX: PME) surged 7.8% to close at $307.39, after briefly touching an all-time intraday high of $316.47. The rally followed news of the company securing two major US contracts valued at nearly $200 million.
  • Domino’s Pizza Enterprises (ASX: DMP) rose 2.2% to $17.33, rebounding after Executive Chairman Jack Cowin acknowledged operational challenges and told shareholders the company "must improve performance."
  • G8 Education (ASX: GEM) dropped 7.4% to $1.00, marking its third consecutive day of decline after Victoria Police charged a former employee, Joshua Dale Brown, with multiple child abuse offences.
  • A surge of Chinese gold mining firms are eyeing capital raises in Hong Kong, looking to ride the momentum of gold’s strong rally, which has made it one of the best-performing commodities this year.
  • Crude oil prices eased after their sharpest rise in nearly two weeks. Market sentiment remains cautious as traders track US trade negotiations and the upcoming OPEC+ supply decision.
  • Global Markets Snapshot: The Dow Jones edged down 0.02%, while the S&P 500 climbed 0.47% and the NASDAQ rose 0.94%; meanwhile, Hang Seng slipped 0.65%.

Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

 

 

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