Why did ASX 200 industrial shares lead the market last week?

ASX 200 industrial stocks led the market with a 2.93% rise, while the benchmark index lifted 0.52%.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Industrial shares led the ASX 200 market sectors with a 2.93% uplift over the five trading days.

On Friday, the benchmark S&P/ASX 200 Index (ASX: XJO) reached a new all-time high of 8,615.2 points before closing at 8,555.8 points, up 0.52% for the week.

We're now midway through the February earnings season, with the ASX 200 down 2.63% since 31 January. Next week, the major miners and several big banks report their latest earnings.

On Tuesday, the market will be rocked one way or another when the Reserve Bank of Australia makes its first call on interest rates for 2025.

There is much anticipation that the RBA will finally cut the official cash rate after 14 months on hold at 4.35%.

Six of the 11 market sectors finished in the green last week.

Let's recap.

Industrials written in orange.

Image source: Getty Images

Industrial shares led the ASX market sectors last week

ASX 200 industrials shares include transport companies like airlines and toll road operators, capital goods manufacturers, and commercial services and supplies providers.

Last week, it appears the sector was pushed higher by some strong share price gains for some of the sector's largest companies after reporting their 1H FY25 results.

For example, Computershare Ltd (ASX: CPU) shot the lights out last week, rising 20.73% over the five trading days to close at $42.51 on Friday.

Computershare shares also set a new record high of $43.16 per share on Friday.

The share price surge followed the release of the company's 1H FY25 results on Wednesday.

Computershare reported a 6.4% increase in management revenue to US$1.5 billion and a 27.9% jump in management EBIT (excluding margin income) to $171.2 million.

Stock in diversified investments company, SGH Ltd (ASX: SGH), formerly known as Seven Group Holdings, also soared by 12.26% last week to finish at $54.58 on Friday.

SGH shares also reached a new record high of $55.12 on Friday.

SGH released its 1H FY25 results on Tuesday, revealing a 2% increase in revenue to $5.5 billion and a 10% lift in EBIT to $843 million.

In other news, shares in toll road operator Transurban Group (ASX: TCL) rose 2.31% over the week to finish at $13.30 on Friday.

Stock in wooden pallets distributor Brambles Ltd (ASX: BXB) rose by 0.36% to close at $19.28.

Qantas Airways Ltd (ASX: QAN) shares rose by 0.43% to finish at $9.35 on Friday. The ASX 200 airline stock hit a new all-time high of $9.64 per share during the week.

With dividends on investors' minds this month, check out which ASX 200 industrials share will pay the best dividend yield in 2025.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

S&P/ASX 200 market sectorChange last week
Industrials (ASX: XNJ)2.93%
Consumer Staples (ASX: XSJ)2.42%
Consumer Discretionary (ASX: XDJ)2.38%
Financials (ASX: XFJ)0.86%
Materials (ASX: XMJ)0.79%
A-REIT (ASX: XPJ)0.42%
Communications (ASX: XTJ)(0.21%)
Utilities (ASX: XUJ)(0.49%)
Information Technology (ASX: XIJ)(0.73%)
Energy (ASX: XEJ)(1.14%)
Healthcare (ASX: XHJ)(3.75%)

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Transurban Group. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

Three young nerds dressed in suits with thinking caps and lightbulbs
Broker Notes

Brokers name 3 ASX shares to buy right now

Let's find out which shares top brokers are feeling bullish about this week.

Read more »

A woman in a red dress holding up a red graph.
Broker Notes

4 ASX shares Macquarie says could return more than 40%

The broker has made some bold predictions.

Read more »

Three trophies in declining sizes with a red curtain backdrop.
Share Gainers

3 ASX 200 stocks leaping higher this week on big announcements

Investors sent these three ASX 200 stocks surging in this King's Birthday shortened trading week. But why?

Read more »

Two happy and excited friends in euphoria holding a smartphone, after winning in a bet.
Share Gainers

Why Brazilian Rare Earths, Evolution Mining, Magellan, and Qantas shares are racing higher today

These shares are ending the week on a high. What's going on?

Read more »

A boy stands firm on a rocky cliff holding a rocket in each hand and looking up toward the sky, anticipating flying into space.
ETFs

SpaceX IPO: Should you buy an ASX space ETF to cash in?

The countdown is on.

Read more »

Bored man sitting at his desk with his laptop.
Share Market News

Why EOS, Karoon Energy, REA Group, and Woodside shares are falling today

These shares are ending the week in the red. But why?

Read more »

A woman leans forward with her hand behind her ear, as if trying to hear information.
Broker Notes

Down 60%, are Cochlear shares now a bargain buy?

A leading analyst provides his outlook for Cochlear’s beaten-down shares.

Read more »

A group of hands up in the air as if signifying a hearty vote in favour of a motion.
Capital Raising

EOS shares are sliding again. Here's what investors are worried about

EOS shares are falling despite strong demand for its discounted SPP.

Read more »