Join our daily newsletter At The Bell to receive exclusive market insights
The ASX 200 has been trading lower today, down about 1.25%, to 8174 points.
The market has been weighed by fears about how U.S. tariffs on Chinese goods may impact Australian commodities; President Donald Trump has said both China and Mexico will be hit with tariffs next week.
All sectors have dropped into the red, Materials and Consumer Staples dropping 2.5%, with grocer Coles and drinks business Endeavour seeing sell offs today.
IT is down about 2.3%.
Star Entertainment Group Ltd (ASX:SGR) sunk more than 13% after telling shareholders a range of cash investors will be needed to keep the company operational.
Shares in Star last traded at 11 cents.
Digital property settlements company PEXA Group (ASX:PXA) has been up about 7.5% after reporting revenue up more than $40m on 2024.
However, Pexa reported a loss of $32.7 million in the first half of the 2025 fiscal year. This is much greater than last year’s $4.6 million loss – but reflects the impairment of an investment.
It’s launched an on-market buy back.
PEXA last traded at $12.23.
And, building services provider John Lyng Group Ltd (ASX:JLG) has been more than 9% down only days after it posted a strong interim report for revenue and earnings.
John Lyng shares last traded at $2.56.
Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
