ASX 200 jumps to 100-day high, powered by tech and consumer staples; check top gainers and losers

Australian shares surged on Wednesday, February 25, with the S&P/ASX 200 closing at a fresh 100-day high, up 1.17%. The market is now just 0.02% shy of its 52-week peak, driven by strong performances in Information Technology and Consumer Staples....

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Stock information is displayed on an electronic board inside the Australian Securities Exchange. (File Image)
Australian shares surged on Wednesday, February 25 with the benchmark S&P/ASX 200 posting a strong session to close at a new 100-day high. The index jumped 106.00 points, or 1.17%, to 9,128.30, extending its recent rally. Over the past five trading sessions, the market has gained 1.35% and is now sitting just 0.02% below its 52-week high, reassuring investors.

Top gainers and losers


The strongest performances came from Tabcorp Holdings Limited, which soared 20.00%, and Helia Group Limited, up 16.73%. They were followed by ARB Corporation Limited (+14.28%), DroneShield Limited (+13.12%), and Woolworths Group Limited (+11.73%).


On the downside, Domino's Pizza Enterprises Limited led the losses, sliding 11.03%. Other notable decliners included Viva Energy Group Limited (-6.69%), Monadelphous Group Limited (-5.37%), Reece Limited (-5.29%), and Dalrymple Bay Infrastructure Limited (-4.70%).

Sector-wise performance


Market breadth was broadly positive, with eight of the 11 sectors finishing higher. Information Technology led the gains, rising 5.36% as it rebounded from recent weakness, despite remaining 3.90% lower over the past week. Consumer Staples followed with a 5.08% advance, while Materials added 2.50%.

Losses were limited, with Telecommunications Services (-1.64%) and Utilities (-0.92%) the weakest performers. Other sectors, including Energy, Financials, Healthcare, Industrials, and A-REITs, posted modest gains, contributing to the index’s strong overall finish.
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