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As on : 13-Jan-2025
Market Commentary - Foreign Markets
13-Jan-2025     16:42

Australia's S&P/ASX200 closed trading at 8,191.90 dropping 1.2%

Australia's S&P/ASX200 closed trading at 8,191.90, dropping 102 points or 1.2 percent from the previous close of 8,294.10. The day's trading range was between 8,160.70 and 8,294.10.

Casino operator The Star Entertainment Group jumped 13 percent after massive declines in the previous two sessions. Gold Road Resources, Karoon Energy, Paladin Energy and Deep Yellow, all gained more than 3 percent.

Premier Investments plunged more than 15 percent in the aftermath of the trading update. Netwealth Group and NRW holdings, both slipped more than 9 percent. Financial services business Hub24 declined 6.2 percent followed by software business Life360 that declined 5.4 percent.

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