Australian (ASX) Stock Market Forum

ASX 200

There are seven ASX 200 shares that will be leaving the benchmark index when it rebalances on 24 March.

The first one is Audinate Group Ltd (ASX: AD8). Tough trading conditions have weighed heavily on this audio technology company's performance over the past 12 months. This has led to a 67% share price decline, cutting its market capitalisation to $625 million.

KFC restaurant operator Collins Foods Ltd (ASX: CKF) is another ASX 200 share getting the boot. Its shares are down 17% since this time last year, reducing its market capitalisation to $1 billion.

Charter Hall Social Infrastructure REIT (ASX: CQE) isn't trading too far away from a 52-week high. However, the social infrastructure focused property company's market capitalisation of just over $1 billion isn't enough to keep it in the benchmark index.

Coal miner Coronado Global Resources Inc (ASX: CRN) has sunk 60% over the past 12 months, pulling its market capitalisation down to $855 million.

Also being ejected from the ASX 200 are the shares of Johns Lyng Group Limited (ASX: JLG). This insurance building and restoration services company was sold off last month after disappointing with its half year results. Its shares are down 57% over the past 12 months, reducing its market capitalisation to $790 million.

Finally, travel and transport company Kelsian Group Ltd (ASX: KLS) and embattled casino operator Star Entertainment Group Ltd (ASX: SGR) complete the list after sinking approximately 47% and 80%, respectively, since this time last year.

.....::'-::: . . .:. .:.:....,,,:::;:,'""'-.-:


Replacing them in the ASX 200 are
  • copper miner Capstone Copper Corp (ASX: CSC),
  • data centre companies Digico Infrastructure REIT (ASX: DGT) and Macquarie Technology Group Ltd (ASX: MAQ),
  • mining technology company Imdex Ltd (ASX: IMD),
  • investigative analytics and intelligence software provider Nuix Ltd (ASX: NXL),
  • gold miner Spartan Resources Ltd (ASX: SPR), and
  • online furniture and homewares retailer Temple & Webster Group Ltd (ASX: TPW).
 
that's wiped out 9 months of gains
Screenshot_20250311_114653_CommSec~2.jpg
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commentary this morning:
[ likely to be] below 7,900 for the first time since August. With recession fears mounting and volatility rising, investors will be watching closely to see if markets can stabilize—or if this sell-off has further to run.

it's been pretty orderly really. no capitulation so far. I'm in the further to slide camp
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EDIT and gaining speed. .. 7835 ... 7820
 
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I missed a whole day. Been indoors for days during and after cyclone/tropical depression Alfred. Thought yesterday was Sunday.

Anyway, yesterday's movers courtesy Market Matters:
JLG smashed again. Sheer luck I'm not in this.
Johns Lyng Group (JLG) -12.5% sold off on news it will be removed from the ASX200 at the next quarterly rebalance.

Screenshot_20250311_124102_Chrome.jpg
 
Some buying of the dip intraday. MM said U.S futures reversed during our session?
Energy did well today, notably coal stocks.
Some notables in the loser camp.
Ramelius Resources second worst performer.

Screenshot_20250311_181500_Chrome.jpg
 
I missed a whole day. Been indoors for days during and after cyclone/tropical depression Alfred. Thought yesterday was Sunday.

Anyway, yesterday's movers courtesy Market Matters:
JLG smashed again. Sheer luck I'm not in this.
Johns Lyng Group (JLG) -12.5% sold off on news it will be removed from the ASX200 at the next quarterly rebalance.

View attachment 195092
holey Dooley ! i had 6 ( out of ten ) on the winners list ( and one on the losers ) and my portfolio still looks like it was hit by a blender and then sliced and diced
 
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