Archive · 24 Jul 2025
Australian Shares Flat; Tech and Energy Offset Losses
The Australian stock market was mostly steady on Thursday.
Some sectors like tech and energy did well, while gold and mining companies didn't.
Fortescue, a mining company, saw its stock price go up because it shipped a lot of iron ore.
Macquarie, a big financial company, had a lower profit and its stock price dropped.
Lynas Rare Earths, a company that mines rare earth minerals, did well and made a deal to manufacture magnets.
Australian shares were little changed on Thursday.
Gains in tech and energy stocks offset losses in gold and mining counters.
Fortescue shares jumped on record quarterly shipments.
Macquarie fell after posting a drop in first-quarter profit.
Lynas Rare Earths reported fourth-quarter revenue beat and entered into a magnet manufacturing deal.
- Who
- Investors in the Australian share market.
- What
- Australian shares were little changed.
- When
- Thursday, July 24.
- Where
- Australia
- Why
- Gains and losses in different sectors offset each other.
Positive Market Influences
Negative Market Influences
Sector Performance
Positive Market Influences
Rise in oil prices and technology stocks
Negative Market Influences
Decline in gold and mining stocks
- Index Performance
- S&P/ASX 200 flat at 8,735.90 points
- Energy Stocks
- Up 0.3%
- Technology Stocks
- Up 0.5%
- Gold Stocks
- Down more than 2.5%
- Financials
- Down 0.2%
- Fortescue
- Gained more than 5%
- Lynas Rare Earths
- Shares grew more than 4%