ASX/200 Closed Lower by 0.97%, Dragged down by Energy

By the end of the trading session on 05 May 2025, the benchmark index S&P/ASX 200 closed lower by 0.97% and settled at 8,157.80.  All of the 11 sectors ended lower along with the S&P/ASX 200.

Energy and Financial are the top-losing sector, losing 2.89% and 1.56% in their index value.

Gold Road Resources Limited (ASX: GOR) and Block Inc. (ASX: XYZ) are the top-gaining stocks, gaining 9.427% and 5.051% in their stock prices. On the other hand, Siteminder Limited (ASX: SDR) and NUIX Limited (ASX: NXL) are the top-losing stocks, losing 8.592% and 7.059% in their stock prices.

Copyright © 2022 Kapitales Research

Top loser for the day:

• Energy  (Down 2.89%)
• Financial (Down 1.56%)

Other Factors influencing the market:

• Gold Road Resources saw a 9.6% surge after revealing that it had accepted a sweeter takeover offer from South Africa’s Gold Fields, which raised its bid to $3.7 billion.
• Endeavour received positive investor response, with shares rising 1.7%, after the company projected "flat to modest" growth in retail sales for the rest of the fourth quarter.
• Smartpay shares soared by 22.4% after the company entered exclusive negotiations with an undisclosed buyer who proposed acquiring it for NZ$1.20 ($1.12) per share, sidelining competitor Tyro Payments. Meanwhile, shares in Tyro Payments rose by 9%.
• Reliance Worldwide experienced a 2.2% drop after forecasting that US tariffs could reduce its 2026 full-year earnings by $25 million ($38.7 million) to $35 million.
• Oil prices dropped sharply, nearing a four-year low, following a surprise production boost by the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, exacerbating fears of a global supply glut amid declining demand from ongoing trade tensions.
• In international markets, Wall Street saw moderate gains: the Dow Jones Industrial Average rose 1.39%, the S&P 500 increased 1.47%, and the NASDAQ gained 1.51%. 
• The Hang Seng index climbed 1.74%, while the FTSE 100 advanced 1.17% today.

Top 5 Gainers and Losers Scoreboard

90-Day Average Volume Outlier:

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com