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ASX bulls eye new record as foreign buyers pile in

Jun 09, 2025 (The Australian Financial Review - ABIX via COMTEX) --

Futures pricing suggests that Australian equities will gain about 0.1 per cent when the market opens on Tuesday for a shortened trading week. Atlas Funds Management portfolio manager Hugh Dive expects the local bourse to reach a new record high soon; it is currently just 0.8 per cent shy of its February peak. The local sharemarket's rally in 2025 has been at least partly driven by global investors, amid concerns about the Trump administration's trade war. The S&P/ASX 200 rose 0.27 per cent to 8,515.7 points on Friday, and the Australian dollar reached a six-month high of $US65.37..

Publication Date: 10 June 2025

STANDARD AND POOR'S ASX 200 INDEX
ATLAS FUNDS MANAGEMENT PTY LTD
comtex tracking

COMTEX_466230028/2229/2025-06-09T18:04:51

By Alex Gluyas

Copyright 2025 Roy Morgan Research. All Rights Reserved.

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