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Australian healthcare stocks gain most in two months as Citi's views boost index majors

ReutersSep 19, 2025 3:50 AM

** Australian healthcare stocks .AXHJ gain as much as 2.5% to 38,565.10, their biggest intraday pct gain since July 18
** The sub-index supported by strong gains from Telix Pharmaceuticals TLX.AX and Pro Medicus PME.AX, up 7.2% and 6.8%, respectively
** Citi initiates coverage on TLX with "buy" rating, while moving PME to "buy" from "sell"
** CSL CSL.AX, Australia's fourth-largest co, jumps 1.2% after Citi reiterates "buy" amid concerns over vaccine division spin-off
** YTD, AXHJ down 15% vs broader benchmark S&P/ASX 200'S .AXJO 7.9% gain

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