ASX/200 Closer Lower by 0.92%, Dragged down by Information Technology

By the end of the trading session on 01 August 2025, the benchmark index S&P/ASX 200 closed lower by 0.92% and settled at 8,662.00. Out of 11 sectors, 10 sectors ended lower along with the S&P/ASX 200.

Utilities is the top-gaining sector, gaining 0.70% in their it’s value. On the other hand, Information Technology and Healthcare are the top-losing sector, losing 2.38% and 1.92% in it’s value.

Capstone Copper Corp. (ASX: CSC) and Mineral Resources Limited (ASX: MIN) are the top-gaining stocks, gaining 9.462% and 4.442% in their stock prices. On the other hand, Bellevue Gold Limited (ASX: BGL) and Telix Pharmaceuticals Limited (ASX: TLX) are the top-losing stocks, losing 4.321% and 4.276 in their stock prices.

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Top gainer for the day:

• Utilities (Up 1.34%)

Top loser for the day:

• Information Technology  (Down 2.38%)
• Healthcare (Down 1.92%)

Other Factors influencing the market:

• Star Entertainment shares plunged 16.4% to an all-time low of 9.2¢ following the collapse of its proposed Queen’s Wharf precinct sale to its Hong Kong-based joint venture partners. The company is now required to repay $41 million to the partners involved in the deal.
• ResMed rose 1% to $42.88 after reporting stronger-than-expected earnings for the fourth quarter, driven by robust demand for its sleep apnoea devices. The company also forecasted a better-than-anticipated improvement in gross margins for the upcoming financial year.
• Iron ore prices are set to record their first weekly decline in six weeks, despite a slight recovery on Friday. The drop comes amid weak manufacturing data out of China, which has weighed on recent momentum in the steel-making commodity.
• Silver Mines has entered a trading halt as it prepares to release an announcement regarding a capital raise.
• Oil prices declined overnight, with markets reacting negatively to disappointing U.S. inflation data. The risk-off sentiment overshadowed geopolitical tensions, including the potential for U.S. sanctions on India over its Russian energy imports.
• U.S. equities showed mixed results overnight: the Dow Jones Industrial Average dropped 0.74%, the S&P 500 fell 0.37%, while the NASDAQ Composite posted a marginal decline of 0.03%.
• In global markets today, Hong Kong’s Hang Seng Index has dropped 0.78%, while the UK’s FTSE 100 is down by 0.47%.

Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

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