ASX 200 closes little changed, with Bapcor leading gainers and Boss Energy the day’s worst performer; check top gainers and losers
The modest gain reflected a sluggish trading day in which advances in some sectors were offset by weakness in others. The benchmark index has remained nearly flat over the past five trading sessions, indicating momentum has stalled after recent peaks. However, the overall trend remains positive, with the ASX 200 up 5.26 per cent since the start of the year.
Top winners and losers
Bapcor Limited became the prominent player in the index, rising by 15.49 percent to $2.05, while Austal Limited rose by 5.05 percent to $6.24 and displayed the second best performance of the session.
Other notable gainers included SiteMinder Limited, up 3.30 percent to $5.95, Premier Investments Limited, up 2.78 percent to $14.44, and Xero Limited, up 2.52 percent to close at $113.04.
On the downside, Boss Energy Ltd recorded the steepest decline, falling 24.60 percent to $1.18. Deep Yellow Limited decreased by 7.80 percent to $1.66, and Codan Limited decreased by 7.46 percent to $26.93. Other companies that fell behind included Paladin Energy Ltd, down 4.81 percent, and Liontown Limited, down 4.62 percent.
How did the industry perform?
On a sector basis, seven out of 11 sectors completed the day with an increase. Consumer Staples led the gains, rising 0.64 percent as the sector rebounded from recent weakness, but remained down 0.76 percent over the past five days. Telecommunication Services followed with an increase of 0.46 percent, followed by A-REITs with an increase of 0.43 percent and Consumer Discretionary Services with an increase of 0.39 percent. Information Technology and Materials also rose by 0.19 percent and 0.17 percent, respectively.
On the other hand, Energy stocks weighed on the market with a decrease of 1.51 percent, while Utilities fell 1.06 percent. Industrials lost 0.35 percent, while Healthcare ended slightly down 0.15 percent.
