Author name: Jonathan Tacadena

The Australian sharemarket shed $26.2 billion by lunchtime amid a wave of new US tariffs announced by President Donald Trump, triggering a sharp sell-off across global markets. The S&P/ASX 200 fell 1.1%, or 85.3 points, to 7849.2 near 2pm AEDT, with 10 of 11 sectors in the red. Technology and property led declines, each down over 2%, while consumer staples edged higher.

The ASX 200 rose 0.2% to 7941.6 on Wednesday afternoon, buoyed by a strong rally in property stocks that helped offset weakness in major miners. Eight of the 11 sectors traded higher, with real estate leading the gains, up 1.8%. Goodman Group climbed 3.7%, Charter Hall advanced 3.3%, and Stockland gained 1%.

Australian shares are rebounding, tracking gains on Wall Street ahead of US President Donald Trump’s anticipated announcement of reciprocal tariffs. By 2:30pm, the S&P/ASX 200 was up 0.8% or 61.2 points at 7904.6, while the All Ordinaries gained 0.6%. All 11 sectors were in positive territory, led by real estate and utilities.

The Australian sharemarket is tracking toward its third-largest daily decline of 2025, amid fears that a new wave of US tariffs could spark a global economic downturn. The S&P/ASX 200 fell 1.6% (125 points) to 7857, wiping out approximately $35 billion in market value. The All Ordinaries dropped 1.5%, with all 11 sectors in the red—led by heavy losses in the mining sector.

Australian shares seesawed on Friday as caution prevailed amid escalating trade tensions driven by former US President Donald Trump’s tariff threats. The S&P/ASX 200 was flat at 7970.9 near 2.15pm AEDT, up just 1.9 points. The All Ordinaries also remained steady, with six of the 11 sectors higher, led by consumer staples and utilities.