The Australian stock market is having an eventful Thursday, with the S&P/ASX 300 Index (ASX: XKO) ticking up by 0.15% to 8,470 points. But while the broader market inches forward, two ASX 300 stocks are making major moves today—Domain Holdings Australia Ltd (ASX: DHG) and ASX Ltd (ASX: ASX).
Domain’s shares have surged 6.23% to $2.90, while ASX stock has jumped an impressive 7.82% to $68.14. These gains come on the back of their latest half-year earnings reports, which have clearly won over investors.
What’s Driving These Stocks Higher?
Domain Holdings (ASX: DHG)
Domain reported robust results for the half-year ending 31 December 2024, with key takeaways including:
- Revenue growth of 7.4% year-on-year to $217.2 million
- EBITDA increase of 13.8% to $77.8 million
- Earnings per share (EPS) up 28.3% to 5.2 cents
- Net profit after tax (NPAT) rising 28.3% to $33.1 million
- Dividend payout of 2 cents per share, fully franked
With a strong uptick in earnings and a steady dividend, Domain is gaining traction among ASX 300 investors.
ASX Ltd (ASX: ASX)
The stock market operator itself has also delivered solid financials:
- Operating revenues climbed 5.9% to $541.9 million
- EBIT increased 10.1% to $253.7 million
- Underlying EPS came in at 130.9 cents per share
- NPAT jumped 10.1% to $253.7 million
- Dividend hike of 9.9% to 111.2 cents per share, fully franked
For income-focused investors, ASX Ltd’s rising dividend and solid earnings growth are strong positives.
Are These Stocks the Best ASX Investments Right Now?
While Domain and ASX Ltd are having a great day, long-term investors need to look beyond short-term price movements. The ASX is packed with opportunities, but knowing which stocks will deliver sustainable growth and income over time is key.
That’s why we’ve put together an exclusive Free Report on the 5 Top ASX Stocks to Buy in February 2025. This carefully curated list includes companies with strong fundamentals, growth potential, and attractive dividends.
Download your Free Report now: freereport.pristinegaze.com.au
Final Thoughts
While Domain and ASX Ltd are basking in the glow of strong earnings, the real challenge is identifying stocks that can outperform the market in the months and years ahead. Don’t miss your chance to gain an edge in 2025—grab your Free Report today and discover which ASX stocks deserve a spot in your portfolio!
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