ASX Today: Tech Rout and Rate Cut Jitters Wipe $37 Billion from Australian Stock Market – 14 November 2025
Australia’s S&P/ASX 200 closed down 1.36% at 8,634.5 on Friday, its lowest in four months, wiping out about $37 billion in value. Tech stocks led declines after a strong jobs report dashed hopes for near-term RBA rate cuts. TPG Telecom plunged 32% after trading ex-dividend and ex-capital return. More than 80% of ASX 200 stocks fell, with only energy shares finishing higher.