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ASX/200 Closer Lower by 0.28%, Dragged down by Healthcare

Aug 08, 2025

By the end of the trading session on 08 August 2025, the benchmark index S&P/ASX 200 closed lower by 0.28% and settled at 8,807.10. Out of 11 sectors, 06 sectors ended lower along with the S&P/ASX 200.

Materials and Utilities are the top-gaining sector, gaining 1.42% and 0.55% in their it’s value. On the other hand, Healthcare and Financial was the top-losing sector, losing 1.46% and 1.08% in it’s value.

Iress Limited (ASX: IRE) and Block, Inc. (ASX: XYZ) are the top-gaining stocks, gaining 12.171% and 9.137% in their stock prices. On the other hand, Clarity Pharmaceuticals Limited (ASX: CU6) and Light & Wonder Inc. (ASX: LNW) are the top-losing stocks, losing 13.242% and 11.215% in their stock prices.

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Top gainer for the day:

  • Materials (Up 1.42%)
  • Utilities (Up 0.55%)

Top loser for the day:

  • Healthcare (Down 1.46%)
  • Financial (Down 1.08%)

Other Factors influencing the market:

  • Block, Inc. saw its share price jump 8.3% to $126.12, driven by increased consumer spending on Afterpay, which boosted its second-quarter earnings and growth.
  • Nick Scali Limited gained 6.9% after reporting a 7.3% sales increase in Australia, supported by an impressive 65% gross margin.
  • GQG Partners fell sharply by 14.6% as US$1.4 billion in funds flowed out during July, with US$1 billion linked to a single large institutional investor.
  • Iress Limited rose 12.2% to $9.40 following confirmation that it is in discussions with Blackstone and Thoma Bravo over a potential acquisition.
  • Gold hovered near its strongest weekly advance in a month as new US tariffs took effect and President Donald Trump appointed Stephen Miran as temporary Federal Reserve governor, aligning with his stance on lower interest rates.
  • On Wall Street, markets ended mixed: the Dow Jones Industrial Average dropped 0.51%, the S&P 500 dipped 0.08%, while the NASDAQ Composite posted a 0.35% gain.
  • In Hong Kong, the Hang Seng Index declined by 1.01% today.

Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

 

 

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