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Tech Stocks, Woolies Push ASX to New High
The S&P/ASX 200 rose 106 points to 9,128, led by a 13% surge in Woolworths and a 5% rebound in tech stocks after easing AI concerns, market data showed.
- On Wednesday, the Australian sharemarket set a record close as the S&P/ASX 200 Index rallied 106 points to 9128.30.
- Weeks of heavy selling gave way to a rebound in technology stocks as investors were encouraged after Anthropic eased AI jitters and markets shrugged off the stubborn January inflation data.
- Woolworths rocketed 13 per cent to $35.63 after a better-than-expected result, while Xero climbed 5.5 per cent to $75.76 and NextDC rose 5.4 per cent, lifting the tech sector over 5 per cent.
- The S&P/ASX 200 reached a record high, with BHP adding 3.2 per cent to $56.51 t and Tabcorp surging 23.53 per cent to $1.05, as only three of 11 sectors lost ground.
- With Coles reporting on Friday, investors watch as WiseTech Global's shares rose 11.1 per cent after plans to cut 2000 jobs, highlighting ongoing restructuring themes.
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ASX 200 LIVE: ASX jumps 1.2pc to record; Woolworths’ biggest one-day gain ever after one-day result
Shares close at record high; Woolworths beats expectations; BHP ends at new high; WiseTech soars on jobs cuts; DroneShield profit up rockets; Domino’s tumbles on soft sales. Follow live.
·Sydney, Australia
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PEAK ASSET: ARVO WRAP 25 February: ASX jumps 1.2pc to record high | Gold rises as traders weigh tariff risks and Middle East tension | SciDev Navigates 1H FY26 Headwinds with Recurring Revenue Focus and Revised Guidance | - Opening Print
25 February, 2026 Busy day here at Peak with a heavily oversubscribed placement. More to come the following days! Across Markets… The Australian sharemarket closed at a record on Wednesday after technology stocks rebounded from weeks of heavy selling and supermarket giant Woolworths rose the most in 30 years following a stronger-than-expected result. The S&P/ASX 200 Index rallied 106 points, or by 1.2 per cent, to 9128.30 after an intraday high…
Coverage Details
Total News Sources11
Leaning Left1Leaning Right3Center1Last UpdatedBias Distribution60% Right
Bias Distribution
- 60% of the sources lean Right
60% Right
L 20%
C 20%
R 60%
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