DroneShield Limited lost its momentum on Wednesday, the day after finding a place in the top gainers on the ASX 200. On Tuesday, the stock surged by 22.17%, closing at $2.81. Over the last five days, the broader index is virtually unchanged but gained 5.22% over the last year to date.
This comes a day after the Australian share market witnessed a decline as it ended the day on Tuesday (December 16, 2025) with the S&P/ASX 200 closing on the lower side, dropping 36.10 points, or 0.42%, to 8,598.90.
ASX 200: Top gainers and losers
On the S&P/ASX 200, several stocks recorded notable gains and declines. Among the top performers, IGO Limited (IGO) led the board with a last price of $7.690, rising $0.850 or 12.426%. Liontown Limited (LTR) followed closely, up $0.165, or 12.177%, to $1.520. Catalyst Metals Limited (CYL) increased by $0.540, or 8.359%, to $7.000, while Deep Yellow Limited (DYL) rose $0.115, or 6.845%, to $1.795. Westgold Resources Limited (WGX) rounded out the top five gainers, climbing $0.380, or 6.506%, to $6.220.
On the downside, GrainCorp Limited (GNC) experienced the steepest decline, falling $1.250, or 14.917%, to $7.130. DroneShield Limited (DRO) dropped $0.335, or 11.922%, to $2.475, followed by Austal Limited (ASB), down $0.760, or 11.327%, to $5.950. Treasury Wine Estates Limited (TWE) decreased $0.550, or 10.019%, to $4.940, and Telix Pharmaceuticals Limited (TLX) fell $0.830, or 6.609%, to $11.730.