ASX Market Close: Index pares losses as US recession fears rise | March 11, 2025

The Market Herald
11 Mar

The ASX200 closed down 0.9% at 7,890 points.

It was a bloodbath today and IT was the worst performing sector, down 3.9%, followed by Industrials, down 2%, and Health Care, down 1.8%.

Utilities was the best performing sector, up 1.4%, followed by Energy, up 0.76%.

In the Green

Botanix Pharmaceuticals (ASX:BOT) closed up 12.3% after posting a commercial update. The company says its sales team is performing on target, with a digital launch expected to add prescription volume.

Botanix closed at 41 cents.

Vulcan Energy Resources (ASX:VUL) closed up 6.4% as energy stocks bucked the trend in a falling market.

Vulcan Energy closed at $4.14.

Vista Group International (ASX:VGL) closed up 5.1% on news of a new agreement with Odeon Cinemas Group, a subsidiary of AMC Cinemas. The agreement spans 309 sites with over 2,448 screens, aiming to cover both owned and managed venues outside the USA.

Vista Group International closed at $3.50.

In the Red

EZZ Life Sciences (ASX:EZZ) closed down 5.9% as the company flagged a strategic push to manufacture in the United States.

Ezz Life Sciences closed at $1.59.

Brickworks (ASX:BKW) closed down 6.9% after posting a non-cash impairment charge for its North American operations, citing challenging market conditions. The impairment is approximately AUD$55 million for the first half of 2025.

Brickworks closed at $23.85.

Global asset manager GQG Partners (ASX:GQG) closed down 3.2% after reporting a 35.3% decline in net flow for February, as outflows from its emerging market equity division accelerated.

GQG Partners closed at $2.11

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

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