The Australian sharemarket turned lower on Tuesday afternoon as gains from upbeat earnings were offset by a sharp sell-off in CSL. The S&P/ASX 200 was flat at 8483.50 by mid afternoon, while the All Ordinaries Index edged 0.05% higher. Industrials and technology stocks led gains, with nine of the ASX 200’s eleven sectors in positive territory.
Dive into the world of ETFs and exchange rate risk, where the Aussie dollar dances with global currencies, creating opportunities and challenges for your portfolio.
The S&P/ASX 200 hovered around 8519.3 on Friday afternoon, down 1.4 points, after a volatile session as traders awaited the US January jobs report to gauge the Federal Reserve’s rate cut trajectory. The index remains within 25 points of a record high, with six of 11 sectors gaining, while energy stocks led declines.
The S&P/ASX 200 gained 1.1%, or 91 points, to 8,507.9 by mid afternoon, approaching its all-time high of 8,532.3, as nine of eleven sectors advanced. Investors welcomed a pause in U.S. tariff discussions, with President Donald Trump shifting focus to Middle East policy.
Week 2 of ASX Reporting Season: Key Companies to Watch
The second week of the February 2025 ASX earnings season (10–14 February) features a mix of industrial heavyweights and consumer-focused giants. Here’s what investors should keep an eye on:
Australian Shares Rise as Mining Stocks Gain on China’s Tariff Response
Australian shares advanced on Wednesday as China’s measured response to U.S. tariffs lifted mining stocks. The S&P/ASX 200 gained 0.6%, or 47.6 points, to 8421.6 by mid afternoon, recovering from recent declines. The All Ordinaries Index rose 0.7%, with nine of the 11 sectors trading higher.
The S&P/ASX 200 fell 1.8% (155.6 points) to 8376.7 in early afternoon trading on Monday, as investors reacted to escalating US trade tensions. The Australian dollar hit a four-year low, slipping below US61¢. All 11 ASX sectors declined, with consumer discretionary and materials losing over 2%.
ASX Gains on Mining, Real Estate, and Tech Rally
The Australian share market extended its rally on Friday, with the S&P/ASX 200 rising 0.3% and the All Ordinaries Index up 0.4%, marking the biggest weekly gain in a month. The Australian dollar softened to US62.23¢.
The S&P/ASX 200 surged to a record high on Thursday, climbing 0.8% to 8,510.7 by mid afternoon, as investors priced in expectations of an imminent rate cut by the Reserve Bank of Australia. All 11 ASX sectors advanced, led by energy and consumer discretionary stocks.
Paragon Care Limited (PGC) is a provider durable medical equipment, medical devices, consumable medical products, and maintenance of technical medical equipment to the health, aged care and veterinary markets throughout Australia, New Zealand and Asia, as well as the distribution of pharmaceuticals, medical consumables, and complementary medicines to the Australian healthcare market.
Australian equities gained momentum on Wednesday, with the S&P/ASX 200 climbing 0.9% to 8472.3, following softer-than-expected inflation data that bolstered expectations of a February rate cut by the RBA. Eleven of twelve sectors traded higher as major banks, including NAB and RBC, adjusted forecasts in favor of earlier monetary easing.
