ASX200 down 1.25% on tariffs fear

The Market Herald
02-28

The ASX 200 has been trading lower today, down about 1.25% of a per cent to 8174 points (1.15pm AEST).

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.

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.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10