ASX Market Update: Oz bourse rebounds after Week 9 slump, but volatility remains | March 3, 2025

The Market Herald
03-03

The ASX 200 has been higher today, gaining 0.5% to just above 8,213 points.

This is a rebound from last week’s dive into the red which ended in a selloff Friday after U.S. President Donald Trump said China would be hit with a further 10% tariff on its goods – a move likely to affect Australian commodities and associated stocks if demand for Chinese goods wanes.

Investors are still nervous about the tariff regime into this week, with global volatility expected to be a continuing trend.

All but three sectors have been in the green, led by Real Estate, up 1.30%, Energy, up 1.21%, and Materials, up 1.07%. In the red were Utilities, down 0.81%, Financial, down 0.50%, and Staples, down 0.30%.

NRW Holdings Ltd (ASX:NWH) has fallen 12.6% after telling investors it was owed more than $113 million following the collapse of the Whyalla steelworks, but would be attempting to recoup the debt.

Shares in NRW have been $2.87 cents.

Pro Medicus Ltd (ASX:PME) has been 3.85% higher after signing a seven-year,  $40 million contract with LucidHealth to roll out its imaging platform Visage 7 across a range of U.S. radiology service sites.

Pro Medicus last traded at $262.99.

And, Domino’s Pizza Enterprises Ltd (ASX:DMP) has dropped 4.13% after going ex-dividend. Domino’s shares were at $27.16.

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.

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