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.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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