1. Why did the ASX 200 fall today?

The ASX 200 fell due to fresh global trade concerns and weakness in technology stocks. Investors reduced risk exposure after tariff comments from Donald Trump. Selling pressure was broad across growth sectors.

2. Why did NEM rise 5% while the ASX 200 declined?

NEM, which represents Newmont Corporation on the ASX, rose because gold prices stayed strong above 2,300 US dollars per ounce. Investors moved into gold stocks as a safe haven during market uncertainty.

3. Why did Pro Medicus shares drop 9%?

PME fell sharply due to profit taking and broader weakness in high valuation tech stocks. When market sentiment turns cautious, growth stocks often face heavier selling pressure.

4. Is the ASX 200 expected to recover soon?

Analysts expect the ASX 200 to trade between 7,400 and 7,900 in the near term. Recovery depends on global trade developments, US inflation data, and investor confidence returning to tech sectors.

5. What sectors are performing best in the ASX 200 right now?

Gold and materials stocks are leading gains due to strong bullion prices. Defensive sectors such as utilities are also holding up better compared to technology and consumer discretionary stocks.

IN Stocks

ASX 200 Slides While NEM Gains 5% and PME Drops 9%, with the Focus Keyword ASX 200

ByRubaisha February 23, 2026February 23, 2026

The ASX 200 closed lower again as global trade worries and weak tech stocks pulled the market down. Investors reacted to fresh tariff tensions linked to comments from former United States President Donald Trump, which raised fears of new trade risks.