Australian Stock Exchange ends week with drop: ASX 200 continues to see decline, Droneshield bounces back; check top gainers and losers and how other key indices performed

The Australian Stock Exchange ended the week closing on the lower side with the S&P/ASX 200 dropping 118.90 points or 1.36% to 8,634.50 and setting a new 50-day low. The bottom-performing stocks in this index were TPG Telecom Limited and Megaport Limited, down 32.14% and 9.62% respectively. The index has lost 1.54% for the last five days, but has gained 5.83% over the last year to date.

Australian Stock Exchange: How key indices performed

The Australian share market finished the session lower across its key indices. The S&P/ASX 20 slipped 1.3%, easing from an opening level of 4,797.40 to a close of 4,735.40. A similar decline was recorded in the S&P/ASX 50, which fell 1.3% after opening at 8,386.40 and closing at 8,276.90.


Broader market measures also retreated. The S&P/ASX 100 dropped 1.3%, moving from 7,277.80 at the open to 7,181.20 by the close. The S&P/ASX 300 posted the largest percentage fall among the listed benchmarks, declining 1.4% as it slipped from 8,703.70 to 8,583.90.

ASX 200: Top gainers and losers

The S&P/ASX 200’s top performers showed modest but steady gains. Droneshield Limited (DRO) led the advancers, with its share price rising to $2.330, an increase of $0.080 or 3.555%. Orica Limited (ORI) followed, lifting 1.923% to close at $23.850, while Karoon Energy (KAR) gained 1.840% to finish at $1.660. Domino’s Pizza Enterprises (DMP) also edged higher, up 1.491% to $21.780, and EBOS Group (EBO) rounded out the gains with a 1.293% rise to $25.060.

In contrast, the session saw sharper declines among the weakest performers. TPG Telecom (TPG) recorded the steepest fall, plunging 32.143% to $3.800. Megaport (MP1) followed with a drop of 9.618%, closing at $13.720. HUB24 (HUB) shed 7.981% to finish at $104.460, while Catapult Sports (CAT) fell 7.759% to $5.350. Life360 (360) also declined, sliding 6.687% to $37.120.