Australia Markets Retreat 7.8% in March, First Drop in Four Months
The S&P/ASX 200 rose 21 points, or 0.3%, to close at 8,482 on Tuesday, ending a three-session slide as U.S. futures rallied on reports that President Trump may end Middle East hostilities despite continued disruption in the Strait of Hormuz. Sentiment was further lifted by PMI data in top trading partner China, showing the manufacturing sector posted its strongest gain in a year during March. Commercial services, consumer non-durables, and non-energy minerals drove the gains, though declines in logistics and energy minerals capped upside. The four major banks gained between 0.7% and 1.6%. Top movers included Xero (6.9%), REA Group (4.4%), and Northern Star Resources (4.1%). For March, however, markets slid 7.8%, its first drop in four months and the weakest since January 2022, pressured by inflation concerns tied to the widening Middle East conflict. Meantime, RBA minutes showed members expect further tightening, warning that inflation could reach 5% in Q2 if oil stays near USD 100.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





