Story perspectives

ASX200 Rises 0.36% Amid EU-US Trade Deal Boost

7/28/2025

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Summary

Story summary

The ASX200 increased by 0.36% to 8,696, driven by a new EU-US trade deal that alleviated tariff concerns.
Gains were led by the telecom, tech, and banking sectors, while uranium stocks, especially Boss Energy, plummeted by 42%.
Energy stocks experienced volatility following a court ruling against a coal project, affecting market sentiment.
Investors are focusing on undervalued real estate and energy sectors, anticipating growth as macroeconomic pressures diminish.

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Story summary

The ASX200 increased by 0.36% to 8,696, driven by a new EU-US trade deal that alleviated tariff concerns.
Gains were led by the telecom, tech, and banking sectors, while uranium stocks, especially Boss Energy, plummeted by 42%.
Energy stocks experienced volatility following a court ruling against a coal project, affecting market sentiment.
Investors are focusing on undervalued real estate and energy sectors, anticipating growth as macroeconomic pressures diminish.