Sunday 7th September 2025
Daily Market Update: 8 September 2025
All Ords finishes tough week on positive note, Orica reports strong finish to the year
The Australian share market closed the week with a 0.5 per cent gain on Friday, led by technology, gold miners and real estate, after weaker US economic data bolstered hopes of rate cuts. Despite the day’s rebound, the S&P/ASX All Ordinaries Index (ASX: XAO) ended the week down 0.9 per cent, breaking a four-week winning streak. Growth names bounced, with Life360 Inc (ASX: 360) and Zip Co Limited (ASX: ZIP) rising 3.1 and 4.7 per cent respectively. Property stocks also rallied, with Charter Hall Group (ASX: CHC) up 2.6 per cent on hopes of falling rates. The gold price extended its rally, further supporting the sector. SiteMinder Limited (ASX: SDR) was queried by the ASX after its shares surged 21 per cent in a single session, with management confirming no undisclosed information. Orica Limited (ASX: ORI) added 1.2 per cent, flagging stronger second-half earnings on the back of resilient demand for its core blasting products.
S&P 500 pulls back from all-time highs, Tesla rallies, Intel looks to 2026
US markets eased from record highs, with the S&P 500 Index (NYSE: SPX) down 0.3 per cent and the Dow Jones Industrial Average (INDEXDJX: DJI) off 0.5 per cent. Tariff risks resurfaced as President Trump warned semiconductor import tariffs would be introduced sooner than expected, though exemptions could apply to groups like Apple Inc (NASDAQ: AAPL) given its US investment commitments. NVIDIA Corporation (NASDAQ: NVDA) fell 2.7 per cent on the news. In contrast, Tesla Inc (NASDAQ: TSLA) rallied more than 3 per cent after the board confirmed a new pay package for CEO Elon Musk that could exceed 1 trillion US dollars in value. Intel Corporation (NASDAQ: INTC) slipped 0.5 per cent while stressing that 2026 will be pivotal for regaining competitiveness in chip manufacturing, now backed by US government ownership. Broadcom Inc (NASDAQ: AVGO) announced a partnership with OpenAI to develop AI accelerators.
| Australian Indices | Daily % | Weekly % | 1 Month % | 3 Month % | 1 Year % |
| ASX 200 | 0.5 | -0.7 | 2.1 | 5.0 | 14.6 |
| Financials | 0.6 | -1.3 | 2.6 | 2.8 | 16.9 |
| Resources | -0.1 | 0.4 | 8.7 | 13.2 | 23.7 |
| Information Technology | 2.3 | -1.5 | 1.2 | 5.1 | 28.5 |
| Global Indices | Daily % | Weekly % | 1 Month % | 3 Month % | 1 Year % |
| US 500 | -0.3 | 1.2 | 2.6 | 10.0 | 25.3 |
| Europe | 0.8 | 0.4 | 2.1 | 2.0 | 20.4 |
| Japan | 0.8 | 1.2 | 4.2 | 8.3 | 21.8 |
| China top 50 | 0.8 | 0.8 | 0.8 | 6.6 | 57.1 |
| India top 50 | 0.2 | 1.7 | -1.1 | -2.7 | -1.9 |
| Fixed Interest | Daily % | Weekly % | 1 Month % | 3 Month % | 1 Year % |
| Australian Treasury Bond | 0.0 | -0.3 | -0.2 | 0.4 | 2.6 |
| Australian Corporate Bond | 0.2 | -0.2 | -0.1 | 0.7 | 3.5 |
| US Treasury | 0.2 | 0.3 | 0.6 | 1.8 | 0.6 |
| Cash | -0.3 | -0.2 | 0.0 | 0.7 | 4.0 |
| Commodities & Crypto | Daily % | Weekly % | 1 Month % | 3 Month % | 1 Year % |
| Gold | 0.6 | 4.0 | 4.3 | 5.2 | 45.4 |
| Silver | 0.0 | 6.2 | 8.9 | 14.6 | 45.8 |
| Crude Oil | 0.2 | -0.8 | -1.1 | 6.1 | 7.8 |
| Bitcoin | 0.8 | 2.0 | -3.6 | 5.0 | 105.9 |
