Australia’s Record-Breaking Stocks Rally Seen Continuing in 2025

  • S&P/ASX 200 is headed for biggest annual advance since 2021
  • A gauge of financial firms has rallied over 30% year-to-date
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Australia’s stock market looks primed for another strong showing in 2025, as the likelihood of easy central bank policy boosts sentiment and China’s stimulus pledges support miners.

The benchmark S&P/ASX 200 Index is up 9.5% in 2024, trading just below a record reached earlier this month. Technology and financial stocks have led the advance, with a banking gauge set for its best year since 2009. In contrast, mining and energy shares have slumped on soft commodity prices.