What caused the ASX 200 to close lower?

Broad earnings misses across major companies led to declines.

Which sectors dragged the market down?

Consumer staples, healthcare, and utilities recorded the largest falls.

Which companies gained despite the market weakness?

ZIP (ASX:ZIP) and Helia (ASX:HLI) managed to post gains.

ASX 200 Today closes lower as earnings misses weigh on market

3 min read | August 23, 2025 08:41 PM AEST | By Team Kalkine Media

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ASX 200 Today closes lower as earnings misses weigh on market — Image source: Shutterstock

Consumer Sector Weakness

Supermarket giants were under pressure ahead of their upcoming results. Woolworths (ASX:WOW) ended weaker, while Coles (ASX:COL) also faced selling. Endeavour Group (ASX:EDV) saw losses as well, contributing to the drag within the consumer staples space.

Banking Sector Mixed

The big four banks posted varied results. Commonwealth Bank (ASX:CBA) and ANZ (ASX:ANZ) recorded declines, whereas Westpac (ASX:WBC) and National Australia Bank (ASX:NAB) managed to close slightly higher, offsetting some of the weakness in the financial sector.

Healthcare and Industrials Movement

Healthcare heavyweight CSL (ASX:CSL) extended its recent declines following a disappointing earnings update. Building materials company James Hardie (ASX:JHX) staged a rebound after steep falls earlier in the week, regaining some ground despite market concerns.

Technology and Growth Stocks

Among growth-focused names, ZIP (ASX:ZIP) surged after posting a profit result and announcing plans for a possible overseas listing. The upbeat announcement lifted its share price, marking one of the strongest performances of the day in the technology space.

Company Results Impact

Several companies faced steep declines following earnings updates. Guzman y Gomez (ASX:GYG) shares fell as slower growth overshadowed milestone sales figures. Inghams (ASX:ING) dropped after reporting lower profits and revenue, while Monash IVF (ASX:MVF) also recorded weaker earnings and a drop in share price.

Other Notable Market Moves

Helia (ASX:HLI) recorded gains following a rise in profits, providing some strength to the insurance sector. SkyCity Entertainment (ASX:SKC) fell sharply after releasing full-year results along with an equity raising. Accent Group (ASX:AX1) was weaker following guidance that flagged challenges in the coming year.

Frequently Asked Questions

What caused the ASX 200 to close lower?
Broad earnings misses across major companies led to declines.
Which sectors dragged the market down?
Consumer staples, healthcare, and utilities recorded the largest falls.
Which companies gained despite the market weakness?
ZIP (ASX:ZIP) and Helia (ASX:HLI) managed to post gains.

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