Market Alert: Trump Revives Trade War Playbook with Tariff Threats

ASX/200 Closer Lower by 0.11%, Dragged down by A-REIT

Jul 11, 2025

By the end of the trading session on 11 July 2025, the benchmark index S&P/ASX 200 closed lower by 0.11% and settled at 8,580.10. Out of the 11 sectors, 10 sectors ended lower along with the S&P/ASX 200.

Materials is the top-gaining sector, gaining 1.82% in their it’s value. On the other hand, A-REIT and Information Technology are the top-losing sector, losing 1.48% and 1.06% in their index value.

Iluka Resources Limited (ASX: ILU) and Lynas Rare Earths Limited (ASX: LYC) are the top-gaining stocks, gaining 22.110% and 16.284% in their stock prices. On the other hand, Lifestyle Communities Limited (ASX: LIC) and HMC Capital Limited (ASX: HMC) are the top-losing stocks, losing 5.176% and 4.103% in their stock prices.

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Top gainer for the day:

  • Materials (Up 1.82%)

Top loser for the day:

  • A-REIT (Down 1.48%)
  • Information Technology (Down 1.06%)

Other Factors influencing the market:

  • Johns Lyng Group surged 22.6% to $3.90 after announcing a takeover agreement with Pacific Equity Partners. The deal values the building services firm at approximately $1.3 billion.
  • Ventia Services Group Limited (ASX: VNT) declined 1.9% to $5.12 at the time of writing, even after revealing an amendment to its NBN fibre upgrade contract, expected to bring in an additional $280 million in revenue over the next three to four years.
  • Australian Strategic Minerals saw its share price jump 8.4% to 58¢ following the release of a revised scoping study for its Dubbo project, which significantly reduces project costs by more than $900 million.
  • Gold prices remained steady after two days of gains, as traders weighed President Donald Trump's proposed tariffs and the uncertain outlook for U.S. interest rates. Spot gold was trading above US$3,332 per ounce at the time of writing, trimming some of its weekly losses.
  • Oil futures dropped amid growing fears over a potential slowdown in global demand, with escalating trade tensions and speculation that OPEC+ may pause production hikes weighing on sentiment.
  • U.S. markets advanced: Dow Jones Industrial Average rose by 0.43%, S&P 500 gained 0.27% and NASDAQ Composite increased 0.09%
  • In global markets, the Hang Seng Index increased 1.01%, while the FTSE 100 in the UK was marginally higher, up 0.02%.

Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

 

 

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