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Market Wrap

Australian shares end flat on final trading day of 2025

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The news: The Australian sharemarket ended roughly flat on its final trading day of the year. The benchmark ASX 200 index was down 2.8 points, or 0.03%, to 8,714.3, with five of the 11 sectoral indices in negative territory.

Real estate (-0.4%) and financials (-0.4%) were the biggest laggards, while energy (+0.8%) and materials (+0.6%) led gains.

Biotech trio Telix Pharmaceuticals (-3.6%), Mesoblast (-2.9%) and Neuren Pharmaceutials (-1.1%) were among the worst performers across the ASX 200.

Gold miners Ora Banda Mining (+2.3%), Northern Star Resources (+1.7%) and Ramelius Resources (+1.7%) rebounded after the sector slumped on Tuesday.

Other news:

  • WiseTech Global (+0.9%) — agreed to a voluntary undertaking with the ACCC to sell its logistics software platform Expedient Software, as part of its $3.3 billion buyout of New York-listed e2open.
  • Predictive Discovery (-3.9%) — will merge with Canadian company Robex Resources after the latter’s shareholders overwhelmingly voted to approve the move.

What's ahead:

  • The ASX will close on Thursday for New Years Day and trade as normal on Friday.

By Hugo Mathers