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ASX Market Close: Index pares losses as US recession fears rise | March 11, 2025

ASX News, Market Summary
11 March 2025 16:55 (AEDT)

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The ASX200 closed down 0.9% at 7,890 points.

It was a bloodbath today and IT was the worst performing sector, down 3.9%, followed by Industrials, down 2%, and Health Care, down 1.8%.

Utilities was the best performing sector, up 1.4%, followed by Energy, up 0.76%.

In the Green

Botanix Pharmaceuticals (ASX:BOT) closed up 12.3% after posting a commercial update. The company says its sales team is performing on target, with a digital launch expected to add prescription volume.

Botanix closed at 41 cents.

Vulcan Energy Resources (ASX:VUL) closed up 6.4% as energy stocks bucked the trend in a falling market.

Vulcan Energy closed at $4.14.

Vista Group International (ASX:VGL) closed up 5.1% on news of a new agreement with Odeon Cinemas Group, a subsidiary of AMC Cinemas. The agreement spans 309 sites with over 2,448 screens, aiming to cover both owned and managed venues outside the USA.

Vista Group International closed at $3.50.

In the Red

EZZ Life Sciences (ASX:EZZ) closed down 5.9% as the company flagged a strategic push to manufacture in the United States.

Ezz Life Sciences closed at $1.59.

Brickworks (ASX:BKW) closed down 6.9% after posting a non-cash impairment charge for its North American operations, citing challenging market conditions. The impairment is approximately AUD$55 million for the first half of 2025.

Brickworks closed at $23.85.

Global asset manager GQG Partners (ASX:GQG) closed down 3.2% after reporting a 35.3% decline in net flow for February, as outflows from its emerging market equity division accelerated.

GQG Partners closed at $2.11

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