ASX/200 Closed Higher by 0.84%, Lifted by Consumer Discretionary

By the end of the trading session on 10 June 2025, the benchmark index S&P/ASX 200 closed higher by 0.84% and settled at 8,587.20. Out of the 11 sectors, 10 sectors ended higher along with the S&P/ASX 200.

Consumer Discretionary and Information Technology is the top-gaining sector, gaining 1.82% and 1.64% in their it’s value. On the other hand, Industrials is the top-losing sector, losing 0.08% in its index value.

Zip Co. Limited (ASX: ZIP) and Mesoblast Limited (ASX: MSB) are the top-gaining stocks, gaining 6.392% and 6.297% in their stock prices. On the other hand, West African Resources Limited (ASX: WAF) and Vault Mineral Limited (ASX: VAU) are the top-losing stocks, losing 4.584% and 4.546% in their stock prices.

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Top gainer for the day:

• Consumer Discretionary (Up 1.82%)
• Information Technology (Up 1.64%)

Top loser for the day:

• Industrials (Down 0.08%)

Other Factors influencing the market:

• Monash IVF Group Limited experienced a sharp decline of 23.9% after disclosing a second incident involving IVF embryos this year. At the time of writing, the company’s shares have dropped by over 55% in the past 12 months.
• Austal Limited surged 6.8% following news that South Korea’s Hanwha Group received clearance from U.S. foreign investment authorities to proceed with a full acquisition of Australia’s largest shipbuilding company.
• Meanwhile, Johns Lyng Group has entered a trading halt as it prepares to make a formal announcement. According to Street Talk, the company has reportedly been approached for a potential takeover by Pacific Equity Partners. Prior to the halt, its shares last traded at $2.54.
• Asian markets made modest gains amid optimism surrounding U.S.-China trade discussions, as officials adopted a constructive tone after the first day of negotiations.
• Crude oil prices remained firm with talks between Washington and Beijing continuing into a second day. Brent crude remained above US$67 per barrel after a near 1% rise on Monday (Tuesday AEST), while West Texas Intermediate climbed past US$65.
• On Wall Street overnight, the Dow Jones Industrial Average ended flat, while the S&P 500 inched up by 0.09% and the NASDAQ Composite advanced 0.31%. 
• As of now, the Hang Seng Index is trading 0.23% lower.

Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

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